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Aadit Sheth: X may launch banking products with user payouts

Aadit Sheth: X may launch banking products with user payouts
X could offer bank-like services soon

Aadit Sheth, founder at Superteam, expresses strong enthusiasm for the potential of X's finance products. He suggests that X could eventually function as a bank, introducing savings accounts with payouts for users, direct account-to-account payments, and posting payouts deposited directly into user accounts.

Sheth believes low fees might characterize this platform in the long term and compares it to UPI in India, highlighting the possibilities for seamless digital financial transactions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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