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

Elon Musk’s xAI Sues Minnesota Over First U.S. AI Nudification Law

Elon Musk's artificial intelligence company xAI has filed a federal lawsuit challenging Minnesota's landmark law banning AI-powered "nudification" technology, arguing…

6 days ago

Bitcoin Nears $65,000 as Treasury Yields Outperform Carry Trade in Rare Market Signal

Bitcoin climbed toward $65,000 as an unusual shift in traditional financial markets created one of the rarest conditions…

7 days ago

Hyperscale Data Sells 100 Bitcoin to Fund Michigan AI Campus as GPUS Stock Surges

Hyperscale Data has sold 100 Bitcoin to accelerate development of its planned artificial intelligence campus in Michigan, sending shares…

7 days ago

PIPEDOG Explodes 140x on Robinhood Chain as Memecoin Frenzy Intensifies

A newly launched memecoin called PIPEDOG ($PIPEDOG) became the latest breakout token on Robinhood Chain, surging more than 140x within…

1 week ago

BNY Brings $8.6 Trillion Fund Business On-Chain in Major Wall Street Blockchain Expansion

BNY, the world's largest custodian bank, is bringing one of its core financial businesses onto…

1 week ago

Senators Strengthen Crypto Ethics Rules in CLARITY Act After Trump Negotiations

A bipartisan group of U.S. senators has reportedly reached a new compromise on the ethics provisions of…

1 week ago