Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
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.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

XRP News Today: Clearer Regulations and Growing Retail Interest Drive XRP ETF to $26M Increase

- Canary Capital's XRPC ETF surged to $26M in 30 minutes, exceeding $17M expectations and outperforming prior altcoin ETF debuts. - XRP saw $28M weekly inflows amid crypto volatility, contrasting Bitcoin and Ethereum's $1.37B combined outflows. - Post-SEC settlement legal clarity and $125M fine in 2025 positioned XRP as a regulated altcoin, attracting $2.4B in ETF AUM. - Technical indicators show XRP trading above $2.50 with 68 RSI, but $3.36B Open Interest remains below October's $9B peak.

Bitget-RWA2025/11/13 16:02
XRP News Today: Clearer Regulations and Growing Retail Interest Drive XRP ETF to $26M Increase

Bitcoin Updates: Bitcoin or Gold by 2035? Saylor’s Wager Challenges Skeptics Amid Concerns Over Debt

- Michael Saylor predicts Bitcoin will surpass gold as the largest asset class by 2035, citing its capped supply and growing adoption. - MicroStrategy (MSTR) holds 641,692 BTC ($68B) via perpetual preferred stock issuances, reflecting Saylor's aggressive Bitcoin accumulation strategy. - Critics like Jim Chanos question Strategy's debt-fueled Bitcoin bets, noting its 22% stock decline and Bitcoin's $2.04T market cap lagging gold's $29.2T valuation. - Saylor argues Bitcoin's "hard cap" and institutional adop

Bitget-RWA2025/11/13 16:02
Bitcoin Updates: Bitcoin or Gold by 2035? Saylor’s Wager Challenges Skeptics Amid Concerns Over Debt

Solana News Update: Merging Privacy with Speed: Zcash and Solana at the Forefront of Institutional Crypto Expansion

- Zcash (ZEC) gains momentum after Tyler Winklevoss's $50M investment, rebranding his firm as Cypherpunk Technologies and acquiring 1.25% of ZEC supply. - Zenrock's zenZEC token bridges Zcash privacy with Solana's speed, enabling DeFi participation while preserving anonymity through MPC technology. - Solana's institutional adoption grows with Classover expanding holdings to 58,142 SOL and Japan's FSA supporting stablecoin issuance by major banks . - Privacy-focused crypto and DeFi innovations, backed by $5

Bitget-RWA2025/11/13 16:02
Solana News Update: Merging Privacy with Speed: Zcash and Solana at the Forefront of Institutional Crypto Expansion

DOGE rises by 2.56% as Poain AI Staking goes live

- Poain BlockEnergy launched an AI Smart-Staking program for DOGE , coinciding with a 2.56% 24-hour price rise to $0.17475. - The program offers flexible staking terms (e.g., 3.0% in 2 days) and AI-optimized security for DOGE and major tokens like BTC/ETH. - Backtests show DOGE's 5% surges often lead to -15.7% 30-day returns, underperforming passive holding strategies. - Poain's AI-driven approach aims to diversify crypto yields but highlights risks in chasing short-term price spikes.

Bitget-RWA2025/11/13 16:00