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.

Visa will enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments, like Zelle or Venmo.

Elon Musk is getting one step closer to making his X the “everything app” — by getting into personal finance. The social media platform formerly known as Twitter had already expanded beyond its initial scope when Musk first purchased it more than two years ago.