Cash App Enables XRP, Solana, and Ether Purchases for 59M Users via MoonPay

Key Facts

In a move reflecting the ongoing expansion of digital asset adoption within mainstream payment platforms, Cash App has announced a new integration with MoonPay that allows its users to purchase XRP, Solana, Ether, and the USDT stablecoin. According to reports, this partnership grants 59 million active users access to digital assets previously unlisted directly on the platform, enabling them to route payments from their app balance to complete purchases.

This collaboration strengthens Cash App's position as a major gateway to digital finance, as MoonPay's infrastructure facilitates the delivery of purchased tokens to a wide range of external wallets such as MetaMask and Ledger, supporting the trend toward self-custody. This development follows a long period where direct crypto purchases within the app were limited to Bitcoin, with USDC added only earlier this year, signaling a shift in Block Inc's strategy to expand trading options without building proprietary custody infrastructure for every asset.

Looking at market prospects, trader sentiment remains positive regarding this expansion of liquidity channels for major assets like XRP and SOL, especially as they reach a massive user base in the U.S. In the absence of real-time price data, investors are watching the impact of these new inflows on trading volumes, while monitoring global economic data such as the U.S. Producer Price Index (PPI) released on August 13, 2026, as a key factor influencing risk appetite in digital asset markets.