Cash App adds XRP and SOL purchases

TLDR

Cash App now lets many of its 59 million users buy XRP and Solana via a Moonpay integration, significantly broadening its previous Bitcoin-only crypto offering.

1. Cash App has integrated Moonpay, enabling eligible users to buy XRP, Solana, ETH and USDT using Cash App Pay and send them to external wallets.
2. This adds a large new retail on-ramp for XRP and Solana, likely increasing accessibility and potential trading/liquidity across venues.
3. Purchases flow through Moonpay with KYC and are not held inside Cash App, so users still face normal self-custody and compliance considerations.

Deep Dive

1. What Cash App Changed

According to a recent update, Cash App has integrated Moonpay so its roughly 59 million users can buy XRP, Solana (SOL), Ether (ETH) and USDT using Cash App Pay as the funding method.

Previously, Cash App supported only Bitcoin, and more recently USDC, so this is a substantial expansion of the asset lineup without Cash App itself listing or custodying these tokens.

Moonpay processes the purchase and can route the assets directly to external wallets such as Metamask, Bitcoin.com, Ledger and others, meaning the crypto ends up in user-controlled wallets rather than inside Cash App.

2. Why It Matters For XRP And Solana

For XRP (XRP) and Solana (SOL), this effectively turns one of the largest U.S. consumer finance apps into a new access point, which can support broader retail participation and liquidity over time.

The integration is framed by Moonpays CEO as a distribution play: Cash Apps large, mainstream user base gets instant access to more of the crypto ecosystem from a familiar interface, while Moonpay gains a major new funnel of buyers.

Combined with other 2026 developments, such as growing ETF inflows into XRP and Solana and additional payment integrations, this move reinforces both assets as part of the default retail crypto basket rather than niche alternatives.

3. How Purchases Work And Key Risks

The new flow uses Cash App Pay at checkout inside Moonpay, with Moonpay handling KYC, the actual token purchase, and transfer into a wallet you control.

Because Cash App is not directly listing these tokens, policy or listing changes at Block would matter less than Moonpays own compliance posture, fee structure and supported jurisdictions.

Block has faced prior regulatory scrutiny and fines over Cash App transaction monitoring, so users should expect careful KYC/AML checks, and remember that self-custody involves managing private keys and understanding on-chain risks.

Conclusion

Cash Apps Moonpay integration makes XRP and Solana far more accessible to everyday U.S. users, expanding their mainstream retail footprint without changing their core tokenomics.

For crypto users, this is another step in the trend of large fintech apps becoming multi-asset on-ramps: it lowers the friction to buy XRP and SOL, while leaving the usual self-custody, volatility and regulatory risks squarely in place.