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Jack Dorsey Brings Bitcoin Lightning and Stablecoin Payments to Cash App

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Cash App on Thursday rolled out a crypto-focused upgrade that provides Bitcoin Lightning funds and stablecoin transfers, sharpening its push to make digital cash really feel immediate and on a regular basis.

The launch lands as a bundle of 11 updates and greater than 150 refinements throughout banking, Bitcoin, commerce and peer-to-peer options. The replace focuses on creating wealth motion quicker, cheaper and extra intuitive within the app.

For Bitcoin, Cash App now lets eligible customers pay over the Lightning Network in seconds and with no charge, utilizing both BTC or a USD steadiness after scanning a Lightning QR code. That routing alternative means folks can faucet Lightning pace with no need to maintain Bitcoin.

Cash App Adds Bitcoin Map and Prepares Stablecoin Transfers for Everyday Use

The app additionally introduces Bitcoin Map, an in-app listing that helps prospects discover close by Square retailers and different companies that settle for Bitcoin. Users can find a retailer, get instructions, and pay immediately over Lightning at checkout.

Stablecoins are coming subsequent. Cash App mentioned eligible prospects will quickly give you the chance to ship and obtain dollar-linked tokens contained in the app, giving customers a low-friction rail for shifting digital {dollars} alongside BTC.

These steps align with Jack Dorsey’s long-standing Bitcoin thesis, that open protocols ought to energy on a regular basis funds. Cash App already made BTC shopping for mainstream for hundreds of thousands, and Lightning assist pushes that view deeper into point-of-sale and peer-to-peer flows.

Cash App Taps AI and Crypto to Build Faster, Smarter and More Open Payment Rails

Under the hood, the corporate additionally refreshed navigation with AI-driven prompts and rolled out a extra versatile advantages program for banking options. The most vital change for crypto customers is quicker, extra versatile transfers by way of Bitcoin and stablecoins.

The timing follows robust crypto engagement in Block’s outcomes. Last week, the corporate reported nearly $2b in Bitcoin revenue through the third quarter, a part of $6.11b in whole income, with internet revenue of $461.5m and double-digit gross revenue development led by Cash App.

For retailers, Lightning acceptance by way of Square and discovery by way of Bitcoin Map might carry incremental foot site visitors, whereas stablecoins add a treasury-friendly settlement alternative for many who favor {dollars}.

For shoppers, the combination of Lightning and stablecoins presents two clear advantages, near-instant funds and predictable worth. Paying with BTC turns into quicker and cheaper, whereas sending a stablecoin avoids worth swings when shifting funds.

With President Trump’s administration leaning right into a friendlier posture on digital property, the coverage backdrop provides momentum. If volumes comply with, Cash App’s new rails might widen the hole between crypto-curious wallets and really crypto-native cash apps.

The put up Jack Dorsey Brings Bitcoin Lightning and Stablecoin Payments to Cash App appeared first on Cryptonews.

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