Overview
- The in-app wallet moved into a limited external beta this week for select U.S. users after internal testing.
- Screenshots show Account, Rewards and Activity tabs plus send, request and deposit functions, with direct deposit offering up to 6.00% APY.
- Beta users get a metal debit card issued through Visa, and deposits are held at Cross River Bank with FDIC pass-through insurance up to $250,000.
- Access was distributed via Shatner-led charity auctions—42 invites first, then 166 more—priced at $1,000 each with a $25 welcome gift.
- X Payments is registered with FinCEN and holds money-transmitter licenses in 40+ jurisdictions, and the beta includes no cryptocurrency integration.