The post Bitcoin Maxi Jack Dorsey Embraces Stablecoin Payments in Cash App—On Solana appeared on BitcoinEthereumNews.com.

In brief Jack Dorsey’s Cash App has unveiled a new stablecoin feature. Users will be able to send the digital tokens in 2026. Dorsey is a Bitcoin maxi, but the new feature will use Solana’s network. Bitcoin maximalist Jack Dorsey is among the orange coin’s most outspoken advocates.  But his company Cash App won’t be using the leading crypto network for its new  stablecoin feature, instead settling with Solana—at least to begin with. Cash App, a unit of Block, on Thursday said users would be able to soon send stablecoins. A spokesperson for the company told Decrypt that the new feature would “support multiple stablecoins and networks” when it becomes available—likely next year. “For the first time, Cash App will soon provide access to stablecoins, allowing customers to send and receive digital dollars nearly anywhere in seconds,” the company added in a statement.  Solana posted on X that the network would power payments with USDC on Cash App. It retweeted a video of USDC issuer Circle’s CEO and co-founder Jeremy Allaire demonstrating a payment.  Solana is the crypto network behind the sixth biggest digital coin by market capitalization, SOL. It is favored for  sending stablecoins, minting NFTs, and even playing games because transactions are fast and inexpensive. Stablecoins are available on a number of other blockchains, including Ethereum, Tron, and Solana.   Stablecoins are digital tokens pegged to the value of fiat money—typically U.S. dollars. Their use has increased following U.S. President Donald Trump’s signing of the GENIUS Act, which established a long-sought regulatory framework for issuing and trading the cryptocurrencies.  JP Morgan, Meta, Amazon and the U.S. state of Wyoming, among others, have issued or are working on issuing the tokens—with the hope of accelerating payments leveraging blockchain infrastructure.  Separately, Cash App on Thursday announced new Bitcoin features. The…

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Filed under: News - @ November 14, 2025 1:38 am