Cash App Expands Crypto Features With Stablecoin Support
Cash App is preparing one of its biggest updates yet as parent company Block sets a timeline to add stablecoin operations to the platform. New tools for both Bitcoin and digital dollar payments are being prepared for rollout, with early 2026 cited as the target window. Essentially, Block is pushing to expand access to digital payments while keeping Bitcoin at the center of its ecosystem.
Cash App has confirmed plans to introduce several new crypto-related features, including stablecoin transfers, Bitcoin spending capabilities, and automatic fiat-to-BTC conversions. The company has explained that millions of users will soon be able to send fast, low-cost payments, even without holding Bitcoin, marking a shift in how the platform handles digital currency transactions.
Block’s Bitcoin product lead, Miles Suter, noted that stablecoin access will begin early next year. A spokesperson added that Cash App will integrate USDC, currently the second-largest stablecoin by market value, along with Solana and other networks. Circle CEO Jeremy Allaire welcomed the update and pointed out growing payment use cases for USDC.
Earlier in the week, Block executives confirmed that new Bitcoin options have been launched on Square, providing merchants with more flexibility in how they accept funds. Jack Dorsey stated that sellers using Square can now receive payments in Bitcoin, convert Bitcoin to fiat, convert fiat to Bitcoin, or exchange fiat currencies. More than four million businesses currently use Square, giving the update significant reach.
Corporate and Regulatory Moves Pull Stablecoins Into Mainstream
Interest in stablecoins has climbed sharply across the tech and finance sectors. Silicon Valley firms, payment processors, and major institutions are moving to secure positions in the space amid rising demand for faster settlements and digital dollar movement. Over the past year, investment activity and regulatory steps have drawn new attention to the technology.
To give a clearer view of the momentum around stablecoins, recent developments include:
- •Stripe completed a $1.1 billion acquisition of Bridge, a startup focused on stablecoin infrastructure.
- •U.S. lawmakers passed the Genius Act, creating a regulatory structure for stablecoin issuers.
- •Mastercard entered acquisition talks with BVNK and Zerohash to strengthen its digital asset operations.
- •Visa launched a U.S. stablecoin payout pilot aimed at improving global digital payments.
- •BNY projected that the stablecoin supply could reach $1.5 trillion by 2030, as institutions seek quicker settlement and tighter liquidity management.
Suter emphasized that he continues to support Bitcoin as the foundation for an open monetary system but noted that awareness of other digital currency tools is also important. He described stablecoins as a practical method for quickly moving digital dollars, while Bitcoin remains the central pillar of Block’s long-term vision.
Cash App Targets Wider Crypto Adoption With Instant Bitcoin Payments
Plans for Cash App extend beyond offering only stablecoin transfers to end users. Block will allow customers to pay merchants in Bitcoin, even if they do not personally hold BTC. When a buyer chooses to pay in Bitcoin and the seller accepts it, the platform will instantly convert the customer’s cash to BTC and send the payment immediately. Previously, Bitcoin spending on Cash App required users to already own the asset.
Block’s decision to increase its support for digital currencies comes as competition in payments grows. Stablecoins have become an integral part of mainstream corporate strategies, and global processors are exploring ways to integrate digital dollars into remittances, payroll, and merchant payments.
By supporting both Bitcoin and stablecoins, Block aims to position Cash App as a bridge between traditional fiat users and crypto-based commerce.
Dorsey’s long-standing support for Bitcoin remains unchanged, but the company’s willingness to add stablecoins reflects market demand and shifting user habits. With early 2026 set as the expected rollout period, Cash App’s crypto expansion could place it among the most accessible digital currency platforms for everyday payments once the new features go live.