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X (the platform owned by Elon Musk) has launched the "X Money" service in the United States, with the aim of integrating financial services within its digital ecosystem and transforming the platform into a "super app." The service offers interest-bearing savings accounts with an annual yield of up to 6%, instant transfers, bill payments, and direct deposit of salaries, with protection up to $10 million through a partnership with Cross River Bank. X Money focuses on enhancing the user experience by integrating payments and e-commerce, and is expected to expand into European markets in the future, emphasizing a balance between innovation, regulatory compliance, data protection, and cybersecurity.
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