Popular payment platform developed by Block, co-founded by Jack Dorsey Cash Appreleased 11 new updates on Thursday that will radically change the user experience. Within the scope of these innovations, which are presented collectively for the first time, the platform Bitcoin 
$103,128.64 Lightning Network and enabled stablecoin payments. The company aims to adapt to the way users earn, manage and share money with more than 150 improvements.
Bitcoin Lightning Network Support and Instant Dollar Conversion
The new system in Cash App allows users to make payments via the Bitcoin Lightning Network. But the remarkable innovation is for this Bitcoin Removal of the obligation to own. Users will be able to automatically convert their US dollar balance into Bitcoin payment by scanning the Lightning QR code. According to Block’s statement, users who directly choose the US dollar Lightning Network low fee and fast transfer advantages offered by its infrastructure will be able to benefit.
In addition, businesses working with Square will now be able to receive payments in different types of money. Tradesmen will be able to evaluate transfer options from US dollar to BTC, from BTC to US dollar or in the same currency. There is an approach that both expands the usage area of Bitcoin and enables Cash App to play a central role in the Block ecosystem.
Cash App’s Stablecoin Integration
Cash App stablecoin The launch of its support took place at a time when the digital dollar was rapidly becoming adopted. The company pegs users to the US dollar cryptocurrencyHe announced that he can send and receive payments to people. This points to a safe payment alternative for individuals sensitive to the volatility of cryptocurrencies.
block manager Owen Jenningssummarized the vision behind the update with the words, “The way people earn and manage money has changed, and traditional financial institutions have not been able to keep up.” According to Jennings, Cash App aims to be a financial bridge suitable for the modern economy.
Block, which continues to exist under Dorsey’s leadership, currently has 8,692 units worth approximately $858 million. BTC it keeps. The zero-commission BTC payment infrastructure by 2027, which the company announced through Square Bitcoin last month, is also seen as part of this strategic expansion. Analysts describe this move by Block as one of the most important tests for the adoption of Bitcoin in daily payments.
