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.

Support authors and subscribe to content

This is premium stuff. Subscribe to read the entire article.

Subscribe

Gain access to all our Premium contents. More than 100+ articles.
Terron Gold

Recent Posts

U.S. Banking Industry Accuses OCC of Undermining Congress Over New Stablecoin Rewards Rules

The American Bankers Association (ABA) has sharply criticized the Office of the Comptroller of the…

4 days ago

Trump and World Liberty Financial Sued Over $2.5 Billion in UAE-Linked Crypto Deals

President Donald Trump and his family's cryptocy company, World Liberty Financial (WLFI), are facing a…

4 days ago

Aerodrome and Velodrome Merge Into Aero to Launch Decentralized Exchange Across Seven Blockchains

Aerodrome Finance and Velodrome, two of the leading decentralized exchanges (DEXs) on Base and Optimism,…

4 days ago

OpenAI’s GPT-5.6 Discovers Critical PHP Security Flaws as Governments Shut Down Websites Across Europe

OpenAI's artificial intelligence models helped uncover two critical security vulnerabilities in PHP, the programming language…

5 days ago

SoFi Launches First FDIC-Insured Tokenized Deposit for Consumers Offering 4.40% Interest

SoFi Technologies has launched SoFi Earn (SOFIE), a new blockchain-based banking product that allows consumers…

5 days ago

Microsoft, Google and Goldman Sachs Push Back Against 24/7 Tokenized Stock Trading

Microsoft, Google's parent company Alphabet and Goldman Sachs have joined a growing list of major…

6 days ago