The Binance founder said he asked Elon Musk about a partnership when X Money was launching, but the service was focused on traditional currency payments.
Binance founder CZ said he contacted Elon Musk when X Money was launching to explore a potential partnership, but Musk told him the platform was only handling fiat (government-issued currency). CZ made the remark while explaining why Binance invested $500 million in the takeover of X. The post points readers to a longer video on YouTube, but the excerpt itself offers only a limited snapshot of the discussion and does not provide broader detail on the investment rationale or any partnership plans.