Altcoins News
By Dan Saada
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Block Leans on MoonPay to Skip the Infrastructure Headache. Block's global partnerships lead Morgan Kuntze was pretty direct about the thinking here.
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Why This Deal Changes the Competitive Picture. Mainstream financial apps have been racing to add crypto features for a while now.
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Cash App just got a lot bigger. The popular mobile payment platform, built by Block, has teamed up with MoonPay to let eligible U.S.
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The scope of the deal is broader than it first sounds. Through MoonPay, Cash App users can now fund external crypto wallets — including Ledger, BitPay, and MetaMask — straight…
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Cash App didn't build all this from scratch.
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Block's global partnerships lead Morgan Kuntze was pretty direct about the thinking here. The goal was giving customers choice and flexibility in their payment options — and…
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Jack Dorsey, Block's founder, has made his skepticism about stablecoins fairly well known over the years. He's not a fan.
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That's a long way from where Cash App started. For most of its life, the app was synonymous with bitcoin. Full stop. You could buy bitcoin, hold bitcoin, spend bitcoin.
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Mainstream financial apps have been racing to add crypto features for a while now. The pressure is real — users who want broader crypto access have plenty of options, and a…
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Related: LendProtocol Brings 12% Fixed-Rate Lending to XRP Ledger With 13,713 Active Lenders
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And self-custody is kind of a big deal right now. The conversation around holding your own keys — not leaving assets on a centralized platform — has gotten louder, especially…
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The wallet support list — Ledger, BitPay, MetaMask — covers a decent range. Hardware wallet users, software wallet users, DeFi users. It's not exhaustive, but it's a solid start.
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Block's approach here is worth noting. Rather than trying to build out crypto infrastructure asset by asset, the company found a partner that already had it.
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Whether Dorsey's stablecoin skepticism shapes anything going forward is unclear. He acknowledged customer demand, and the product moved accordingly.
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Read also: FTX Creditor Daizhuo Chen Fights Missed Deadline as $1.8B Reserve Hangs Over Final Hearing
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