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Cash App Rolls Out Bitcoin Checkout Without Holding BTC, Plans Stablecoin Support

The update introduces automatic USD-to-Bitcoin checkout alongside a merchant map, with Lightning USD payments slated this month, plus stablecoin transfers next year.

Overview

  • Users can pay BTC-accepting merchants from their USD balances, with Cash App converting to bitcoin instantly at checkout.
  • Cash App says the flow does not reduce existing bitcoin holdings or create taxable sales for customers.
  • The app now includes a Bitcoin Map that locates participating businesses and supports Lightning QR code payments.
  • USD payments over the Lightning Network are scheduled for later in November, and stablecoin send/receive access is planned to begin early next year.
  • Availability depends on regulatory approvals, excluding New York and certain non‑U.S. users, with deeper Bitkey self-custody integration targeted for 2026.