The cash app introduces Bitcoin transactions via the Lightning network

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Block Inc’s payment processing app, Cash App, has now added support for Bitcoin transactions, allowing users to both send and receive Bitcoin via the Lightning network.


After integrating with the Lightning network in February to allow users to make payments using Bitcoin, the Cash app has now added support for transactions via the Bitcoin Lightning network.

The Lightning Network is a network of Layer 2 solutions built on top of Bitcoin with the goal of enhancing it scalability and enable instant payments across the participants’ network.

Initially product manager Michael Rihani revealed he announced this when he posted about it on Twitter. He added“The Cash app now supports both sending and receiving via lightning. As long as the second one wallet supports LN, everything should be fine.”

According to Michael Rihani, this up-to-date feature is currently only available to Cash App users in the United States. Additionally, this feature is disabled for Fresh York State residents as they will not be able to utilize this service.

When some users commented on Micheal’s announcement about this feature on Twitter, they pointed out that it didn’t work. Michael confirmed that the feature is available to both Android and iOS users, so they should install or update the app to the latest version.

CashApp was launched as one of the first popular payment apps to support Bitcoin in 2018. “We believe that Bitcoin is the world’s best digital, solid money, period,” said Miles Suter, Crypto Product Manager at CashApp. “We believe that Bitcoin is for the people and that in America, Cash App is the financial app for the people.”

In addition to Cash App’s support for the Bitcoin lightning network, the Layer 2 solution itself has developed very well over the years. As Blockchain.News reported earlier this month, the meteoric rise has now surpassed the 5,000 BTC benchmark, marking an escalate of an additional 2,000 BTC in just 1 year.

Image source: Shutterstock

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