Is Elon Musk Planning To Abandon Dogecoin In Favor Of XRP For X Payments?

X’s owner, Elon Musk, is allegedly considering integrating XRP and RLUSD into the social media platform. This marks a shift from rumors that the world’s richest man could integrate Dogecoin, given his fondness for the foremost meme coin. 

Pundit Claims Rumors of Elon Musk Integrating XRP and RLUSD

In an X post, crypto pundit JackTheRippler claimed that there are rumors that Elon Musk will integrate XRP and RLUSD into X. This came as he shared a video in which the world’s richest man said the social media platform could become half of the global financial system if done right.  

This aligns with Elon Musk’s vision to transform X into an ‘Everything App.’ However, it is worth noting that the world’s richest man didn’t mention anything about integrating XRP or RLUSD on the social media platform. Musk has only once commented on XRP, in 2024, when he said he thinks crypto helps with individual freedom, in response to a question about whether the XRP Ledger could be integrated into financial institutions in the future. 

Before JackTheRippler’s claim about an XRP and RLUSD integration, Dogecoin had been the coin that had been widely rumored to get integrated into X payments when the payments system launches. This is due to Elon Musk’s fondness for the foremost meme coin, with the world’s richest man referencing the meme coin on several occasions. 

However, Elon Musk has never confirmed plans to integrate Dogecoin or any other crypto asset, including the altcoin and RLUSD, into X. There has also been no confirmed date for the X payments launch, which was expected to happen last year. Meanwhile, although Musk has not mentioned integrating cryptocurrencies, the world’s richest man appears to be warming to them, especially Bitcoin. 

Last year, Elon Musk admitted that Bitcoin, alongside Dogecoin, was based on energy. He then stated that one can issue fake fiat currency, which governments have done, but that it is “impossible to fake energy.”

Musk Likely To Integrate Crypto Into X

Market experts, such as SkyBridge founder Anthony Scaramucci, have opined that Elon Musk will integrate cryptocurrencies into X. In an interview, he said the world’s richest man will build a super app and that he will be using crypto. However, Scaramucci admitted that he wasn’t sure how Musk would go about it, whether he would integrate known cryptos like Bitcoin, XRP, Dogecoin. 

He also raised the possibility of Elon Musk creating his own coin, like Telegram’s TON, or that it could be a stablecoin. In the meantime, X’s Head of Product, Nikita Bier, announced that they are building smart cashtags that will allow users to specify the exact crypto asset when posting a ticker. Users will be able to tap these tickers to see real-time pricing for these crypto assets in their timeline.