Cash App integrates Bitcoin Lightning Network for faster BTC transfers

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© Reuters.

Popular mobile payment service Cash App has integrated the Lightning Network as part of an update, enabling faster and cheaper Bitcoin (BTC) transfers using the Layer 2 (L2) payment protocol.

Cash App is developed and owned by Block (formerly Square), a fintech company co-founded by former Twitter (NYSE:) CEO Jack Dorsey. The Bitcoin L2 integration announcement was shared as a notification on the official Cash App, which made its way to Crypto Twitter:

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