Cash App Launches ‘Paid in Bitcoin’ Function, Adds Lightning Transfers
Cash App, the mobile payments app developed by the Jack Dorsey-led payments firm Block, Inc., announced three new bitcoin functions today, including a new way to receive bitcoin (BTC) payments via the Lightning Network.
Speaking at the Bitcoin 2022 conference in Miami on Thursday, Miles Suter, Crypto Product Lead at Cash App, said that the payments app is adding three new functions focused on bitcoin:
“We believe that bitcoin is the world’s best digital sound money ever,” Suter said during the presentation, adding that this means that Cash App sees it as its mission to get bitcoin “into the hands of as many people as possible.”
“We want to stay true to the bitcoin ethos, which means allowing customers to withdraw bitcoins to their own wallets,” Suter added.
_____Learn more: - New Bitcoin's Chance to 'Bitcoinize the Dollar'- Coinbase Launches New Debit Card Amid Intensified Competition Among Exchanges, Platforms- Robinhood Unveils New Debit Card That Promises Bonuses For Crypto Investments- Russia Tries to Replace Apple Pay and Google Pay with Gazprom Pay- Coinbase Pay and Binance Pay: What Are These Solutions & How Do They Differ- Digital, Crypto Payments Key to Small Business Growth in 2022 - Visa
Read more on cryptonews.com![With Bitcoin [BTC] holding the fort at $40k, will it be able to stage a rally soon](https://finance-news.co/storage/thumbs_400/img/2022/5/2/24010_oqcg.jpg)
![Assessing why CRONOS [CRO] lost over 12% of its value in one day](https://finance-news.co/storage/thumbs_400/img/2022/5/2/24009_pnv.jpg)
