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0 sats \ 1 reply \ @anon 8h \ on: I'm Miles Suter, Bitcoin Product Lead at Block, AMA! AMA
Did Cash App explore Bitcoin native options for the stablecoin product? What is the bar that needs to be reached for those solutions (Spark, RGB, Taproot Assets) to be included in Cash App?
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68 sats \ 0 replies \ @MilesSuter OP 7h
We’re a bitcoin company first and foremost - and always.
When it comes to stablecoins, I really view them simply as an improvement on our current TradFi rails. We’re looking at all possibilities, intend to be coin and chain agnostic to give customers as much optionality as possible, and remove as much friction as possible.
Customers can already bring USD into Cash App via paper money deposit, ACH rails, debit rails, and wires - and if customers want to bring in stablecoins, we’ll happily turn them into bitcoin.
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