The social media platform is trying to become an ‘everything app,’ starting with a payments feature, but at least it’s not all about Musk’s favorite digital currency. In an effort to monetize the social media platform,

Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.

Elon Musk struck a deal with Visa Inc., naming the payments company the first major partner on his mission to turn X into an “everything app.”