X switches U.S. creator payouts to its in-house X Money service

X has shifted all U.S. creator payouts to its X Money service, eliminating the previous Stripe-powered system that paid every two weeks with a $30 minimum. The new arrangement provides instant access to funds, but creators have no choice but to use X Money. Non-U.S. creators will remain on Stripe.

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The transition consolidates X's financial ambitions, with X Money accounts actually held at FDIC-insured Cross River Bank rather than by X itself. The service bundles a bank card with 3% cash back, free ATM withdrawals, and instant payments, while Premium users earn a boosted 6% APY versus the standard 4%. Creator payouts now count toward direct deposit requirements for that higher rate.

The change coincides with X retiring its Creator Revenue Sharing Program on September 7, shifting creators to the Original Content Rewards Program, which emphasizes original material. Tax reporting also shifts: X will issue