MoonPay has added Cash App Pay as a payment method, letting eligible U.S. customers use their Cash App balance to buy digital assets. The company announced the integration on Aug. 18, with CoinDesk reporting that Cash App’s crypto support now extends beyond bitcoin and $USDC.
The move connects MoonPay’s on-ramp to Cash App’s large user base. MoonPay described itself as the first platform to offer Cash App Pay for digital asset purchases to eligible U.S. customers.
Cash App, owned by Block, has previously offered bitcoin and $USDC trading to customers, with the MoonPay integration broadening the range of assets users can acquire with their existing balance.
blockchainreporter.net