Cash App to combine USDC funds on Solana, enhancing fintech infrastructure.
Cash App, based by Bitcoin maximalist Jack Dorsey, will combine USDC funds inside the Solana ecosystem.
BREAKING: @CashApp, with 57 million month-to-month customers, to allow USDC funds in early 2026.
And it’s powered by Solana 🔥
— Solana (@solana) November 13, 2025
In a dialog with Decrypt, a consultant from Block’s division stated that the brand new performance is predicted to launch subsequent 12 months.
“For the primary time, Cash App will present entry to stablecoins, permitting customers to ship and obtain digital {dollars} nearly wherever in seconds,” the assertion reads.
The video hooked up to the tweet exhibits Circle’s CEO and co-founder Jeremy Allaire making a USDC fee on Solana.
Dubbed the “individuals’s cryptocurrency,” Solana ranks sixth by market capitalization on CoinGecko. Its ecosystem is wealthy with fashionable DEXs, NFTs, and meme tokens. The whole TVL of the platform exceeds $9 billion, second only to Ethereum.
LN Payments in Cash App
Cash App has additionally launched new performance for Bitcoin transactions. Later this month, the service will enable funds through the Lightning Network. Even when customers don’t maintain digital gold, they’ll select an choice the place companies obtain the primary cryptocurrency as a substitute of {dollars}.
“As soon as launched, prospects will probably be in a position to convert USD right into a Bitcoin fee with a single faucet,” firm representatives mentioned.
The corporate defined that after scanning a QR code, prospects can choose the Cash choice within the app. On this case, funds will probably be deducted from the greenback steadiness, but the vendor will nonetheless obtain Bitcoin.
The Lightning Community permits for the fast and low-cost switch of digital gold with out utilizing the primary community.
Jack Dorsey, the founding father of Twitter (now X), left the corporate in 2021 to focus on Bitcoin initiatives. He has repeatedly said his intention to make the primary cryptocurrency a day by day technique of fee.
Earlier this 12 months, Dorsey’s firm Block launched a pilot venture for real-time digital gold funds inside the Sq. app. The service is predicated on Lightning Community know-how.
On July 23, Block was included within the S&P 500 index.
“We see the primary cryptocurrency as the way forward for the monetary system, however for it to change into on a regular basis cash, better flexibility and ease of use are wanted,” mentioned Miles Suter, head of Bitcoin at Block.
The muse of Cash App 1.0 is fiat already. Stablecoins are simply upgraded fintech rails. Our implementation is chain and coin agnostic.
We’re constructing Cash App v2 on bitcoin.
If prospects need to ship us stablecoins, we’ll fortunately flip them into bitcoins. https://t.co/oZAJN6dCz3
— Miles 🌞 (@milessuter) November 13, 2025
He added on X that Cash App 1.0 is basically fiat-based, and stablecoins are merely enhanced fintech infrastructure. Suter additionally famous that the service’s implementation is just not dependent on any particular community or asset.
“We’re constructing Cash App v2 on Bitcoin,” the highest supervisor emphasised.
Again in October, Dorsey rejected the notion of Bitcoin being a part of cryptocurrencies. The submit sparked heated debates inside the neighborhood.
Нашли ошибку в тексте? Выделите ее и нажмите CTRL+ENTER
Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!
