X announced that starting today, rewards for original content and subscription income for U.S. creators will be disbursed exclusively through its own payment service, X Money.

The platform claims that funds will be credited instantly, eliminating the need to wait for the settlement period to end, and there will no longer be a minimum withdrawal amount of $30; previously, payments were made bi-weekly with this threshold. For those who have already activated the service, the next payment will be automatically credited, while those who have not must open an account within the app. U.S. creators are required to switch, while those outside the U.S. will continue to use Stripe. The old creator revenue-sharing program, which has stopped accepting new participants, will close on September 7, transitioning to rewards for original content. Monetization participation will still require a paid subscription; X Money also requires phone number verification. The service additionally offers features such as bank card support, instant payments, and free withdrawals.

This mandatory switch confines creators' cash flow to their own wallets. Instant crediting improves turnover but increases reliance on platform account and identity verification. The exit of the revenue-sharing program alters the compensation formula, not just the pipeline.

Stripe will lose settlement volume from U.S. creators. The friction and fees associated with withdrawing to banks will be subject to product terms.

In market mechanics, the buyer is the U.S. creators looking to monetize, and the seller is X, which simultaneously issues pay slips and manages wallets. The driving force is the payment switch announcement, which is a platform event. Funds remain in X Money at the moment of disbursement, rather than first going to external banks. The beneficiaries are X's daily active users and deposits in payment, while the pressure falls on U.S. creators withdrawing from Stripe and those unwilling to place their income in the platform wallet.

Source: Public Information