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Jack Dorsey's Crypto Finance App Cash App to Launch Bitcoin Reserve Proof

2026-05-03 12:45

Odaily Planet Daily News: According to market sources, billionaire Jack Dorsey's crypto finance app platform Cash App officially launched a Bitcoin reserve proof feature this week, verifying to over 60 million users that its Bitcoin holdings are fully backed with 1:1 reserves. Market observers believe this move represents a significant step forward for the crypto industry in terms of transparency, user trust, and self-custody standards, and is also seen as a positive signal promoting the long-term healthy development of the sector. (The Bitcoin Historian)