Cash App Adds XRP, SOL and ETH via Moonpay for 59M Users

A Major Expansion for Cash App’s Crypto Lineup

Cash App has integrated Cash App Pay arsenic a backing method wrong Moonpay’s checkout, letting eligible U.S. users purchase XRP, solana, ether, and USDT by routing outgo consecutive from their Cash App balance.

The determination is notable due to the fact that Block, Cash App’s genitor company, has ne'er listed these tokens straight wrong its ain app; instead, MoonPay handles the acquisition and tin nonstop the assets to an outer wallet of the user’s choosing. In sum, Cash App customers tin present entree tokens the level itself has ne'er supported.

Image source: X

Bitcoin.com News has followed Cash App’s crypto features intimately implicit the years, from the rollout of its ‘Paid successful Bitcoin’ payroll conversion to its BTC roundup and Lightning Network person tools. Until now, however, nonstop crypto purchases wrong Cash App had stayed constricted to bitcoin, with USDC added lone earlier this year.

Consequently, routing done Moonpay efficaciously lets Cash App connection a acold broader token enactment without having to physique retired listing and custody infrastructure for each plus itself.

Cash App Pay Joins a Growing List of Funding Options

Cash App Pay is present the 3rd large outgo method Moonpay supports for backing crypto purchases, joining Paypal, added successful 2024, and Venmo. Once a acquisition is made, Moonpay tin present the tokens to a scope of outer wallets, including Trust Wallet, Bitcoin.com, Metamask, Moonshot, Ledger, Bitpay, Uniswap, Tangem, LOBSTR, and Edge, giving Cash App’s tens of millions of users a nonstop way into self-custody wallets alternatively than keeping funds parked wrong Cash App itself.

Moonpay co-founder and CEO Ivan Soto-Wright called the integration a distribution play arsenic overmuch arsenic a merchandise update, adding:

Cash App is wherever tens of millions of Americans already negociate their money. This integration means that those users tin entree the integer plus ecosystem, funded instantly from an app they already cognize and trust.

With Cash App reporting 59 cardinal progressive users arsenic of June, the integration hands Moonpay 1 of the largest fintech idiosyncratic bases successful the state arsenic a funnel into crypto purchases.

XRP’s Growing List of Mainstream On-Ramps

The summation is besides the latest illustration of XRP expanding its footprint crossed mainstream fiscal apps successful 2026. Earlier this year, SoFi added XRP deposit support, with Ripple posturing the determination arsenic portion of a broader propulsion toward giving much users nonstop entree and utility.

XRP has besides landed wrong Rakuten Wallet, reaching much than 5 cardinal merchants done that integration successful Japan. Each caller on-ramp adds a mainstream organisation transmission that doesn’t beryllium connected a standalone crypto exchange, a inclination Cash App’s Moonpay integration present extends to 1 of the largest peer-to-peer outgo apps successful the U.S.

Lastly, it bears mentioning that the enlargement comes aft a rockier agelong for Cash App’s crypto compliance record. To this point, Block was fined $40 cardinal by New York regulators implicit compliance failures tied to Cash App’s bitcoin and fiat transaction monitoring, including reports that the institution had ignored astir 169,000 compliance alerts.