Jack Dorsey's Crypto Finance App Cash App Plans to Launch Bitcoin Reserve Proof
2026-05-03 12:45
According to Odaily Planet Daily: Per market sources, billionaire Jack Dorsey's crypto finance application 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 on a 1:1 basis. The market views this as a significant step forward for the crypto industry in terms of transparency, user trust, and self-custody standards, and it is also considered a positive signal for promoting the long-term healthy development of the sector. (The Bitcoin Historian)
