Overview
- Benji Taylor said he is now head of design at X, a role that sits alongside work tied to xAI and SpaceX.
- Taylor founded Los Feliz Engineering, built the Family self-custody wallet, served as Aave Labs’ chief product officer, and most recently led design at Coinbase’s Base network.
- Elon Musk has said X Money will roll out with peer-to-peer transfers, bank deposits, a debit card, and cashback rewards in more than 40 U.S. states.
- Musk has proposed a 6% yield on balances, and X has not announced any blockchain features for the initial release.
- BitGo and ZKsync are testing bank-facing tools for tokenized deposits and programmable payments, a path that could complement X’s payments ambitions if paired with regulated institutions.