Is Elon Musk About to Make XRP His Go-To Crypto for X Payments?

In a tweet that’s stirred up major conversation in the XRP community, Joshua Dalton, founder of TRIBLU, claimed that Elon Musk “will do anything” to make XRP the preferred currency for his upcoming payments platform, X Money. He argued that as tensions between Musk and Donald Trump escalate, the Tesla and SpaceX CEO could pivot away from Bitcoin – the Trump-backed asset – and throw his support behind XRP.

Dalton’s post wasn’t just speculation. He directly tagged Ripple, Elon Musk, Donald Trump, and Trump’s sons in the tweet, framing this as a dramatic crypto showdown – one where Musk uses XRP to undercut the Trump family’s Bitcoin-heavy project, World Liberty Financial.

The Context: Musk vs. Trump Heats Up

Until now, Musk and Trump had maintained a generally neutral relationship. But that changed after Musk openly criticized Trump’s latest government spending plan on June 4, warning it could damage the U.S. economy. Trump hit back hard, threatening to cancel government contracts and subsidies tied to Musk’s businesses.

That public spat had immediate effects. Tesla’s market cap dropped by over $150 billion, and the crypto market reacted swiftly. Bitcoin plunged over 6%, hitting a low of $100,400 before recovering slightly. XRP also saw losses, but Dalton sees a silver lining: this could open the door for XRP to take center stage.

Why XRP?

Musk has always had a complicated relationship with Bitcoin. He stopped accepting BTC for Tesla purchases in 2021 due to the concerns about energy consumption and mining centralization. XRP, in contrast, is built for speed, low costs, and cross-border functionality – key features Musk may favor for X Money.

Back in October 2024, Musk even addressed XRP in a viral Crypto Twitter video, saying crypto assets like XRP could help decentralize financial power and support freedom – though he was careful to say it wasn’t an endorsement.

Could XRP Actually Become Part of X?

Many XRP supporters think so. They believe XRP’s core strengths align well with Musk’s vision of an “everything app.” While Musk has long been associated with Dogecoin, XRP’s utility and integration potential may offer a more scalable solution for real-world finance – especially for international transfers.

Whether Musk seriously adopts XRP or not, the timing of this discussion – paired with his public rift with Trump – is fueling speculation. It’s too early to say what will happen, but one thing is clear: XRP is back in the headlines, and it’s not just because of SEC news this time.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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