James Richardson
Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, believes Elon Musk is gearing up to incorporate cryptocurrency into his upcoming “super app” — a platform envisioned to combine messaging, payments, and social networking into one all-in-one ecosystem.
In a recent conversation with Saxo Bank, Scaramucci stated: “There’s no doubt in my mind that Elon is building a platform — X or whatever it ends up being called — that will use crypto in some form.”
He added, “Whether it’s a stablecoin, a custom token like Telegram’s, or something else entirely, it’s coming. We just don’t know the exact structure yet.”
Musk’s Vision: From Social Media to a Financial Powerhouse
Musk has been vocal about transforming X (formerly Twitter) into an “everything app,” citing WeChat as inspiration. He has even said X could evolve into “the biggest financial institution in the world.”
Earlier this year, X partnered with Visa to launch the X Money Account, a digital wallet and payment system enabling users to transfer funds between bank accounts and their X wallet, as well as send instant peer-to-peer payments — positioning the platform to compete with Venmo and PayPal.
Although no official crypto product has been confirmed by Musk or X, Scaramucci’s comments suggest that some form of crypto integration is highly likely.
Insider Confidence Without Direct Confirmation
Scaramucci, who has invested in SpaceX, xAI, and X, clarified that while he hasn’t spoken directly with Musk, he’s in touch with the leadership at Musk’s companies. “I’ve got enough insight to feel confident that crypto will be a part of what Elon is building,” he said.
Despite prior statements from Musk dismissing the idea of launching a native crypto token, speculation continues around how digital assets might play a role in the evolving X ecosystem.
Bitcoin’s Role in a Shifting Economy
During the same interview, Scaramucci also discussed Bitcoin’s resilience, calling it both a hedge against inflation and a risk asset that could hold its ground even if future U.S. economic policies spark a downturn.
He added that pro-crypto sentiment during the Trump administration was one of the rare bright spots, though he was highly critical of its broader trade and tariff strategies.
