Jack Dorsey Brings Stablecoin Payments to Cash App via Solana
Cash App, led by Bitcoin advocate Jack Dorsey, will allow customers to send "digital dollars" using multiple stablecoins and networks, with initial support on Solana. The feature is designed to give users choice over which stablecoin and rail they use for transfers, combining faster, lower-fee on-chain rails with Cash App’s large user base.
The decision matters because it broadens real-world payment options for stablecoins and could drive additional transaction volume and liquidity to Solana. For Bitcoin-focused observers, the move is pragmatic: it enables dollar-denominated crypto payments while Dorsey continues to champion BTC. Market participants will watch user adoption, merchant integration, and any regulatory responses as Cash App blends stablecoin rails with its existing crypto services.