Cash App Unlocks Broader Crypto Access for 50M Users via MoonPay
Cash App is expanding its cryptocurrency offerings to include more than just Bitcoin and USDC. The mobile payment service, developed by fintech company Block (formerly known as Square), will now allow users to purchase tokens such as ether, solana, XRP, and USDT through crypto payments platform MoonPay.
Eligible U.S. Cash App users can use their balances to buy these digital assets on MoonPay, which also allows them to fund popular wallets like Ledger, BitPay, Trust Wallet, MetaMask, and Uniswap. This marks a significant expansion of Cash App's cryptocurrency service beyond Bitcoin and USDC.
Cash App has historically been restricted to Bitcoin purchases until it added support for USDC earlier this year. The company's customer base is over 50 million users, making it one of the premier mainstream gateways into cryptocurrency.