Cash App, owned by Jack Dorsey, will add support for stablecoins and Bitcoin payment features

According to market news, the payment platform Cash App has announced that it will expand its cryptocurrency service offerings, planning to launch stablecoin support features in early 2026, allowing users to send and receive cryptocurrencies pegged to the US dollar. Users will receive exclusive blockchain addresses, and the system will automatically convert between US dollars and stablecoins.

In addition, Cash App will also introduce merchant Bitcoin payment features, allowing users to make payments without holding Bitcoin; they only need to scan the merchant's QR code, and the platform will automatically convert the user's cash into Bitcoin for payment. As a "Bitcoin-first" company, this move shows that even staunch Bitcoin supporters are beginning to pay attention to the development potential in the stablecoin sector. This area has been active recently, including events such as Stripe's acquisition of Bridge, Trump's signing of the Genius Act, and Mastercard's acquisition of a stablecoin company.