Jack Dorsey’s Crypto Finance App Cash App Plans to Launch Bitcoin Reserve Proof
2026-05-03 12:45
Odaily News: According to market sources, the crypto finance application platform Cash App, owned by billionaire Jack Dorsey, officially launched a Bitcoin reserve proof feature this week, verifying to over 60 million users that its Bitcoin holdings are fully backed by a 1:1 reserve. The market believes this move represents a significant step for the crypto industry in terms of transparency, user trust, and self-custody standards, and is also seen as a positive signal for the long-term healthy development of the sector. (The Bitcoin Historian)
