• Cash App users can send and receive payments in BTC via the Lightning Network.
  • Previously, the app could only send on-chain BTC payments.
  • Cash App has a user base of over 40 million, over six-times larger than the population of El Salvador.

Cash App users can now send and receive bitcoin payments instantly via the Lightning Network, per an announcement from the company’s product lead, Michael Rihani.

The process for transacting in bitcoin through Cash App is simple. First, a user goes to the app, opens the “Money Tab”, selects Bitcoin, and then a QR code or link will be generated allowing users to transact with other Lightning-enabled wallets.





Source link

By INFO

Leave a Reply

Your email address will not be published. Required fields are marked *