William Shatner Has More 'Elon Dollars' Courtesy of Musk — But Makes It Clear X Money Is Fiat, Not Crypto

William Shatner said on March 8 that X Money's payments service uses fiat currency backed by a 'real bank' and is not related to cryptocurrency. The comment clarifies the asset backing and rails for X's payments offering, likely reducing confusion about crypto exposure but is unlikely to have material market impact.

Analysis

William Shatner said on March 8 that X Money's payments service uses fiat currency backed by a 'real bank' and is not related to cryptocurrency. The comment clarifies the asset backing and rails for X's payments offering, likely reducing confusion about crypto exposure but is unlikely to have material market impact.