U.S. Senator Warren has raised alarms about Elon Musk's proposed payment platform, X Money, citing potential risks to consumer protection, national security, and financial stability. Warren criticized Musk's vision of transforming X into a "super app" that could replace traditional banking systems, questioning its security and governance capabilities. Warren also expressed concerns over the regulatory environment, highlighting the Trump administration's GENIUS Act, which she claims could weaken regulatory safeguards by allowing private companies to issue stablecoins. She emphasized the need for stringent oversight as X Money aims to integrate deeply into users' financial lives.