Tesla CEO Elon Musk has confirmed that the company's new payment and banking application, "X Money," is entering the Beta testing phase. This phase involves a very limited scale testing due to the sensitive nature of financial transactions and savings. According to the official "X Money" account, the app is planned for an official release later this year.
Beta testing is a critical step in software development, often referred to as acceptance testing, conducted before a full public launch. Given Musk's well-known support for cryptocurrencies, there is speculation that "X Money" may support digital currencies. However, Musk did not specifically mention any cryptocurrencies like Dogecoin in his recent comments.
