Cash App Teams Up with MoonPay for Seamless Crypto Purchases

Cash App has teamed up with MoonPay to offer eligible U.S. customers the ability to purchase digital assets using their Cash App balance.

MoonPay claims it is the first and only platform offering Cash App Pay for digital asset purchases, allowing users to make instant transactions without leaving the MoonPay buy flow.

Cash App's parent company, Block, sees this integration as a way to give customers choice and flexibility in how they pay for digital assets.

MoonPay holds various regulatory licenses, including a BitLicense and a New York Limited Purpose Trust Company Charter from the New York Department of Financial Services.