MoonPay Taps Cash App Pay for US Crypto Purchases
MoonPay has integrated Cash App Pay as a payment method for eligible US customers to purchase digital assets, expanding its on-ramp capabilities. The integration was announced on August 18 and allows users to fund wallets and purchases directly from their existing balance without needing to move money through card or bank transfer.
This partnership connects MoonPay's platform to Cash App's large user base and provides an alternative payment option for digital asset purchases. According to the company, it is the first platform to offer Cash App Pay for eligible US customers.
The integration enables users to buy assets including ether, solana, XRP, and USDT in addition to bitcoin and $USDC, which were previously supported by Cash App. Solana has highlighted that users can now purchase tokens on its network directly from a Cash App balance through MoonPay.