Cash App Adds Lightning Bitcoin Payments and Stablecoin Support
Cash App announced a major update that lets users send USD over Bitcoin's Lightning Network and transact with stablecoins, alongside a new AI assistant named Moneybot and wider access to its Borrow product. By routing USD payments through Lightning rails, Square’s payments arm is positioning BTC (BTC) infrastructure as a low-cost, low-latency settlement layer for dollar-denominated transfers and merchant flows.
The changes could accelerate everyday crypto use—reducing fees and confirmation times for peer-to-peer and merchant payments—while stablecoin support adds familiar, dollar-pegged rails for users and businesses. Moneybot is intended to simplify in-app crypto tasks, and expanded Borrow access increases lending reach; together these moves deepen Cash App’s push to blend traditional payment services with on- and off-chain crypto capabilities.