Elon Musk has confirmed that 𝕏 Payments will be launched soon, marking a major expansion of the platform into the financial services sector. With licenses in 25 states, 𝕏 aims to transform traditional banking and compete directly with established digital payment providers such as PayPal, Stripe, and Venmo. Musk described 𝕏 Payments as encompassing users’ entire financial lives, indicating a broad and integrated payment system. Concurrently, 𝕏 is expanding its media presence by launching a new official account, @XOriginal, which signals the introduction of original content including streaming, live shows, and exclusive behind-the-scenes material. The platform has regained the number one position in the News category on the US App Store, surpassing competitors like Reddit and Substack, and has become the top news app in 140 countries. Musk emphasized 𝕏’s role in citizen journalism, positioning it as a platform by the people and for the people, contrasting it with legacy media controlled by a few editors. The developments coincide with broader trends in digital payments, as Europe’s digital payments market is also expected to transform in 2025 due to increased smartphone penetration, contactless adoption, and digital wallet usage.