X Makes X Money Mandatory for US Creator Payouts, Replacing Stripe
X now requires US creators to receive payouts through X Money, replacing Stripe with instant access, while overseas creators remain on Stripe and rates hit 6%.
Summary
From September 2, 2026, Elon Musk’s X requires all US payouts from Original Content Rewards and creator subscriptions to go through X Money instead of Stripe. Existing X Money users need take no action, while others must open an account. Funds become available when sent, eliminating billing cycle waits and minimum thresholds. Stripe previously processed payouts every two weeks with a $30 minimum. Creators outside the US remain on Stripe.
On September 7, X will retire Creator Revenue Sharing, which stopped accepting members in August, and move creators to Original Content Rewards, emphasizing original work. X Money began supporting creator payouts earlier in September as part of Musk’s broader everything app strategy. It offers a card with 3% cash back, instant payments and free ATM withdrawals. X Money is not a bank, with accounts held by FDIC insured Cross River Bank. Creator payouts count toward direct deposit requirements for improved APY, currently 6% for X Premium users versus the standard 4%. X will issue individuals a 1099-NEC and collect W-9 information from LLCs to prepare accurate 1099s.
Positives
- September 2 payouts become available when sent, removing the previous two week schedule and $30 minimum.
- Creators outside the US can continue receiving payouts through Stripe.
- Creator payouts count toward direct deposit requirements for X Money’s 6% APY for X Premium, versus 4% standard.
- X Money offers a card with 3% cash back, instant payments and free ATM withdrawals.
Risks & concerns
- US creators must use X Money, leaving no alternative payout method for those who preferred Stripe.
- September 7 brings the retirement of Creator Revenue Sharing after new member enrollment ended in August.
- X Money is not a bank, although customer accounts are held by FDIC insured Cross River Bank.
- Individuals will receive 1099-NEC forms, while LLCs must provide W-9 information for accurate tax reporting.