Everyone’s watching Bitcoin, Ethereum, Solana, and XRP, but there might be something brewing behind the scenes that’s gone mostly unnoticed.
A recent thread by StellarExpert has people asking: Is Elon Musk quietly building X Payments on the Stellar blockchain? There’s no official announcement. No big headlines.
But when you follow the breadcrumbs, payment licenses, old partnerships, and a few subtle hints, everything seems to circle back to Stellar.
Stripe, Stellar, and the X Connection
Elon is moving fast with X Payments, already securing money transmitter licenses in over 25 U.S. states. The next step? Payments infrastructure. And that’s where Stellar may come in.
Back in 2014, Twitter used Stripe for its early “Buy Now” features. Fast forward to now, Stripe handles USDC payouts using the Stellar network.
Stripe also partnered with Paxos, and recently acquired Privy, which already integrates Stellar. That’s a lot of overlap. It’s not hard to imagine that Musk’s team could be tapping into this ecosystem.
Rust, Soroban, and Some Curious Coincidences
Stellar’s smart contract platform, Soroban, runs on Rust, a coding language known for speed and efficiency. Around the same time Soroban launched, Elon changed his X(Formerly Twitter) username to “Gordon Rust.” Maybe it’s nothing. But maybe it’s a nod to the tools being used behind the curtain.
There’s also a deeper backstory. Jed McCaleb, who created Stellar and co-founded Ripple, sold his earlier project eDonkey right before X and PayPal merged. He and Musk were both building early peer-to-peer platforms at the same time. Their ideas weren’t far apart.
Familiar Faces and Familiar Tools
Elon has brought in engineers from Stripe and PayPal to help build X Payments. Those two platforms are already tightly connected to Stellar, from real-time settlements to UX tools.
With all of these moving parts, the idea that Stellar could be powering X’s backend doesn’t feel far-fetched. No one’s confirming anything yet.
But if you line up the licenses, the tech stack, the partners, and the team, you keep landing on Stellar.
No Hype, Just Quiet Progress?
Stellar isn’t chasing the spotlight like other blockchains. But it’s quietly working with Stripe, Circle, MoneyGram, and even pilot CBDC programs. The rails are already built, fast, scalable, and open.
If Musk wants to bring payments into X at scale, the pieces may already be in place. He just needs a solid backend, and Stellar might be the one already running in the background.
Read Also: 3 Reasons Stellar (XLM) Price Is Expected to Skyrocket This Cycle
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
