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Bitcoin News Update: Cash App's Immediate Bitcoin Transactions Indicate Move Toward Practical Use

Bitcoin News Update: Cash App's Immediate Bitcoin Transactions Indicate Move Toward Practical Use

Bitget-RWA2025/11/13 12:46
By:Bitget-RWA

- Block Inc. launched instant Bitcoin transfers for 58M Cash App users, advancing crypto's shift from speculation to daily commerce. - Square Bitcoin and BitKey hardware wallets expand crypto accessibility, enabling 4M+ merchants to accept BTC via Lightning Network. - Jour Cards and Exodus Movement's growth highlight crypto's real-world utility, with stablecoins addressing volatility for merchants. - Regulatory challenges and infrastructure scalability remain hurdles, but instant payments signal crypto's m

Jack Dorsey's

Inc. has introduced a revolutionary feature that enables 58 million Cash App users to instantly send and receive , . This new functionality, which supports immediate BTC transfers, reflects Dorsey's enduring belief in Bitcoin as the "internet's digital currency" and strengthens Cash App's role in closing the gap between crypto and everyday use.
Bitcoin News Update: Cash App's Immediate Bitcoin Transactions Indicate Move Toward Practical Use image 0
By removing wait times for transactions, the app is working to transform Bitcoin from a speculative investment into a practical tool for daily spending.

This launch is part of Block's larger plan to weave crypto into common financial services. Just last month, the company

, a feature that lets 4 million merchants worldwide accept Bitcoin payments through the Lightning Network. Merchants now have the option to convert a share of their daily earnings into Bitcoin with no fees until 2027, encouraging small businesses to embrace crypto. Block's BitKey hardware wallet and the crypto trading features already available in Cash App further highlight its dedication to making Bitcoin accessible for both individuals and businesses.

The timing of Cash App's instant transfer capability is deliberate. As the need for quicker and more affordable digital payments rises, this update

to conventional payment methods. Experts suggest that frictionless crypto payments could increase liquidity and motivate more merchants to accept digital currencies, especially in industries where speed and transparency are essential. For instance, , a platform focused on crypto gift cards, has recently broadened its offerings to let users buy Apple and iTunes gift cards with Bitcoin, illustrating the growing use of crypto for real-world purchases.

At the same time, other companies are also broadening crypto's practical applications.

a 51% increase in revenue year-over-year for Q3 2025, fueled by its acquisition of Grateful—a stablecoin payments app preparing to launch in Argentina and Uruguay. The CEO highlighted a move toward commerce powered by stablecoins, pointing to a wider industry shift toward using crypto for daily transactions. Likewise, quarterly revenue of $30.3 million, with its Bitcoin reserves growing to 2,123 BTC. These trends signal a maturing sector where crypto is evolving beyond speculative trading.

The impact on the broader crypto landscape is substantial.

on traditional banks, especially in regions with limited banking access. For example, Jour Cards' ability to deliver gift cards to over 185 countries without requiring KYC or banking details demonstrates how crypto can overcome conventional financial obstacles. Meanwhile, Exodus's emphasis on stablecoins—tied to fiat currencies—helps address volatility, to both merchants and consumers.

Still, there are obstacles to overcome.

, especially regarding tax compliance for small-scale transactions, may slow adoption. Furthermore, educating users and scaling infrastructure will be vital for continued progress. Despite these issues, the trend is unmistakable: Bitcoin is evolving from a mere store of value into a tool for commerce, entertainment, and expanding financial access.

With competitors such as PayPal, Venmo, and Revolut

, the competition to reshape the payments landscape is heating up. For now, Cash App's instant Bitcoin feature raises the bar, demonstrating that decentralized finance can deliver the convenience and speed of traditional Web2 platforms.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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