X Cashtags Trigger Estimated $1 Billion Surge In Crypto Trading
BeInCrypto
X's new Cashtags feature generated an estimated $1 billion in global crypto trading volume within its first 48 hours of operation.Summary
X has introduced a Smart Cashtags feature, allowing users to view real-time market data and trade assets directly through the platform. Head of Product Nikita Bier reported that the pilot program facilitated an estimated $1 billion in trading volume within its first two days. Currently limited to iPhone users in North America, the feature represents a significant step in X's broader strategy to integrate financial services, though the timeline for the full X Money launch remains uncertain amid regulatory scrutiny from Senator Elizabeth Warren.
(Source：BeInCrypto)