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Cryptocurrency News Articles
Anthony Scaramucci Predicts Elon Musk Could Integrate Crypto into X's Upcoming "Super App"
May 03, 2025 at 04:00 am
As he celebrated the 100-day milestone of his second term on the 30th of April, the shift from the previous administration has been nothing short of seismic
Donald Trump's return to the White House as the 47th U.S. President has already begun to leave a distinctive mark, particularly in the crypto landscape. As he celebrated the 100-day milestone of his second term on the 30th of April, the shift from the previous administration is becoming increasingly clear.
The first 100 days have seen a record-setting pace of executive orders and a surge in market volatility, with the Trump administration pivoting on several key issues, including trade and foreign policy. Amid this political and economic upheaval, industry voices are watching closely for signs of where digital assets fit into Trump's America.
Elon Musk could be playing a key role in integrating crypto into the evolving ecosystem of X's anticipated "super app," according to SkyBridge Capital founder Anthony Scaramucci.
In a recent interview with Saxo Bank, Scaramucci discussed the possibility of crypto integration into X's super app plans. He said, "I do think that you will see X-XL whatever you want to call that conglomeration, he's going to build a super app there and I think he's going to be using crypto. Will it be his own coin the way Telegram is doing it? Will it be a stablecoin? It will be something. I don't know what it will be but it will be something."
Scaramucci, who has known Trump for over 30 years, added that he has been speaking with leadership at Musk's ventures, including SpaceX, xAI, and the now-merged X.
"I've been speaking to people at SpaceX, xAI, and X. I think you will see crypto-friendly, pro-crypto regulation. I see that as very positive," Scaramucci stated.
As Musk continues his efforts to reshape X into a comprehensive digital hub, often likened to China's WeChat, Scaramucci sees strong potential for crypto integration into the platform's future. In that, Musk's previous statements about transforming X into the world's largest financial institution continue to fuel anticipation.
In the same conversation, Scaramucci also praised the Trump administration's crypto-friendly stance, reinforcing his confidence in a more open regulatory climate for digital assets under the current leadership.
He stated, “There is going to be crypto-friendly, pro-crypto regulation. I see that as very positive.”
That being said, Scaramucci's reaffirmation of Bitcoin's dual identity, as both an inflation hedge and a speculative asset, mirrors the broader institutional shift toward digital assets, driven in part by ETF inflows and Wall Street momentum.
However, while Trump's circle, including influential allies like Musk, appears aligned to a crypto-forward agenda, the narrative isn't without opposition.
Critics like Senator Elizabeth Warren argue that the administration is manipulating trade policy to benefit market elites rather than ensure fairness.
Meanwhile, Musk's recent clarification about stepping back from "DOGE," not the memecoin, but a government cost-efficiency initiative, has added another twist to public perceptions.
Therefore, as political agendas and market forces intersect, the direction of U.S. crypto policy continues to generate both momentum and controversy.output:
Donald Trump's return to the White House as the 47th U.S. President has already begun to leave a distinctive mark, particularly in the crypto landscape. As he celebrated the 100-day milestone of his second term on the 30th of April, the shift from the previous administration is becoming increasingly clear.
The first 100 days have seen a record-setting pace of executive orders and a surge in market volatility, with the Trump administration pivoting on several key issues, including trade and foreign policy. Amid this political and economic upheaval, industry voices are watching closely for signs of where digital assets fit into Trump's America.
Elon Musk could be playing a key role in integrating crypto into the evolving ecosystem of X's anticipated "super app," according to SkyBridge Capital founder Anthony Scaramucci.
In a recent interview with Saxo Bank, Scaramucci discussed the possibility of crypto integration into X's super app plans. He said, "I do think that you will see X-XL whatever you want to call that conglomeration, he's going to build a super app there and I think he's going to be using crypto. Will it be his own coin the way Telegram is doing it? Will it be a stablecoin? It will be something. I don't know what it will be but it will be something."
Scaramucci, who has known Trump for over 30 years, added that he has been speaking with leadership at Musk's ventures, including SpaceX, xAI, and the now-merged X.
"I've been speaking to people at SpaceX, xAI, and X. I
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