Blockchain

Jack Dorsey’s Cash App Enables Bitcoin Lightning and Stablecoin Payments

Popular payments platform Cash App has rolled out a host of product updates on Thursday, including a feature for bitcoin and stablecoin payments. “Cash App has rolled out 11 product updates and made more than 150 improvements to meet the way that millions of people earn, manage, and share money today,” the company said in a statement.

“The brand’s first-ever bundled release includes more flexible banking benefits, AI-powered navigation, the ability to send and receive stablecoins, and more – all underpinned by robust safety features.” Cash App was created by Block Inc. (ticker XYZ), a company co-founded by Jack Dorsey. The payments app was developed under Dorsey’s leadership. Dorsey is the long-time bitcoin proponent who famously co-founded Twitter, the social media platform later sold to Elon Musk, who rebranded it as X.

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