Cash App has rolled out a groundbreaking update that allows users to pay with Bitcoin instantly — even if they don’t actually own any. With this new feature, the app automatically converts U.S. dollars from a user’s Cash App balance into Bitcoin at checkout. This means the 58 million monthly active users can now make Bitcoin payments seamlessly, without affecting their existing holdings or triggering taxable events.
For merchants, the benefits are just as significant. Bitcoin payments through Cash App come with zero transaction fees, no chargebacks, and borderless payment capabilities powered by the Bitcoin Lightning Network. This upgrade positions Cash App as one of the easiest and most accessible platforms for real-world Bitcoin transactions.
A New Era of Digital Payments: “Cash Releases”
The Bitcoin payment update is part of “Cash Releases,” Cash App’s first bundled feature launch. Alongside instant BTC payments, the rollout includes stablecoin support and a Bitcoin Map that helps users find nearby merchants accepting Bitcoin.
The stablecoin feature enables users to send and receive digital dollars globally, which are automatically converted to USD for everyday use. This makes international transfers faster and more convenient while bridging the gap between traditional finance and the crypto economy.
Block Inc. Pushes Real-World Crypto Adoption
Miles Suter, Bitcoin Product Lead at Block Inc. (Cash App’s parent company), described Bitcoin as “Money 2.0,” emphasizing the company’s goal of making it truly fast, open, and borderless. With many Square merchants already set up to accept Bitcoin, Block is reinforcing its position as a leader in real-world crypto adoption and payments innovation.
By integrating Bitcoin and stablecoins into everyday transactions, Cash App is not just following crypto trends — it’s shaping the future of how money moves in a digital-first world.
