Elon Musk is advancing plans to launch a digital payment platform known as X-Money, with all bank accounts reportedly managed by Cross River Bank. This development is gaining traction across crypto circles due to its potential link to XRP and other digital assets.
According to crypto commentator The Real Remi Relief (@RemiReliefX), X-Payment testing is currently underway and set for a June release. The commentator speculated that the digital assets being tested for this purpose are XRP, XLM, DOGE, and HBAR.
These tokens are meant to help Musk establish his financial infrastructure, which is the base for X-Payments.
What makes it interesting is that Cross River Bank previously integrated with RippleNet. In 2014, Cross River adopted Ripple’s blockchain technology, making it possible to make fast, compliant, and secure payments to other countries. Due to this integration, XRP might have a role in X-Money.
🚨BREAKING NEWS: XRP X-Payments🚨
X-Payments: XRP XLM HBAR DOGE@crossriverbank 🤝@ripple “In September 2014, Cross River Bank became one of the first U.S.-based banks to integrate the Ripple protocol to offer real-time international payments between the U.S. and Western… pic.twitter.com/eR0JFBDjwk
— The Real Remi Relief 🙏✝️💪 (@RemiReliefX) May 30, 2025
Also Read: Uphold Exchange Planning Something Big for XRP Army – Here’s What’s Coming
How XRP Fits into the Broader X-Payments Network
The Real Remi Relief has consistently pointed out XRP’s growing relevance in the lead-up to X-Payments. He notes that several backend updates and quiet system tests suggest preparation for the live deployment of these assets.
Analysts following this development have also indicated that XRP’s price may rise significantly if tied into a major payment platform like X-Money. According to posts by Remi Relief, projected valuations of XRP could reach between $25 and $75 in June, depending on adoption and integration levels.
XRP, XLM, HBAR, and DOGE are all known to be fast, convenient, and have low fees, which match Musk’s project goals. This can make the process of making payments between individuals, merchants, and international settlements smoother.
Since Cross River Bank already offers a Ripple-based system, XRP could be utilized in transactions on the X-Money platform.
XRP community members are now considering how Musk’s actions in financial markets could open doors to XRP in banking. While Ripple has not formally confirmed it, its links with Cross River Bank lead many to believe that X Payment will be a RippleNet partner.
Also Read: Biggest Real Estate Deal Ever Coming to XRP Ledger: Details
