Cash App just got a major crypto upgrade. Block Inc. rolled out Lightning Network payments, allowing users to transact with Bitcoin and stablecoins seamlessly across the platform. The move signals a significant expansion of cryptocurrency functionality, bringing digital payments closer to mainstream adoption.
Alongside Lightning Network integration, Cash App launched 11 product updates and over 150 improvements. New features include stablecoin transactions, AI-powered navigation, and enhanced banking tools with stronger safety protocols.
Making Crypto Payments Simple for Everyone
The Lightning Network integration is a game-changer for speed and cost. Users can pay in Bitcoin without holding the asset directly. After scanning a Lightning QR code, payments automatically convert from their Cash USD balance, enabling fast, low-fee transactions.
Square merchants gain flexibility too. They can now accept payments in USD to USD, Bitcoin to Bitcoin, Bitcoin to USD, or USD to Bitcoin, tailoring the experience to their business model.
Last month, Square removed merchant fees for Bitcoin transactions until 2027, a move Mizuho analysts called a major test of Bitcoin’s use as an everyday payment method.
Cash App, developed under Jack Dorsey’s leadership, continues to push the envelope in crypto adoption. Block still holds 8,692 Bitcoin, valued at around $858 million, demonstrating the company’s long-term commitment to digital assets.
