Cash

Bitcoin

<h2 id="a-new-shape-for-payments">A New Shape for Payments</h2>
<p><a href="https://x.com/CashApp" rel="noopener noreferrer nofollow">@CashApp</a> has introduced the Wand, its first-ever physical payment accessory, as part of a new product line it is calling Cash App Tags. <cite>Cash App Tags are NFC-enabled, physical payment accessories that let customers pay without having to reach for their phone or card.</cite><cite>The first-edition Cash App Tag, a pearlescent star-shaped Wand, is available for Cash App Card holders to purchase in the app while supplies last, and is designed with a keychain so customers can clip, wear, and carry it with ease.</cite></p>
<p><cite>Once activated, customers can tap to pay in under a second without holding a phone or card. The Tags operate the same as the Cash App Card and work wherever Visa tap-to-pay is accepted.</cite><cite>Built-in security features include real-time transaction alerts, 24/7 fraud monitoring, and the ability to instantly lock and unlock the Tag within the app.</cite><cite>The Wand is priced at $25, plus any applicable sales tax, and is available exclusively through Cash App.</cite></p>
<p><cite>The Wand is the first of multiple styles Cash App plans to introduce, with new Tag designs set to drop in limited runs over the coming weeks ahead of broader availability later this summer.</cite></p>
<h2 id="block-s-broader-bitcoin-push">Block's Broader Bitcoin Push</h2>
<p>The launch sits inside a wider push by Block, the parent company of Cash App, to deepen its presence across payments and Bitcoin infrastructure. <cite>Block disclosed 28,355 <a href="https://x.com/search?q=%24BTC&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$BTC</a> in total holdings worth approximately $2.2 billion as of March 2026, with around 19,357 BTC held on behalf of customers and 8,997 BTC sitting in its corporate treasury.</cite><cite>The figures were verified by third-party auditors, allowing anyone to independently confirm the holdings on-chain.</cite></p>
<p>On the merchant side, Block is also expanding how its Square network handles Bitcoin. <cite>Block has demonstrated NFC tap-to-pay with Square, showing how merchants can accept Bitcoin as easily as any contactless card.</cite><cite>The system requires no QR codes. Customers simply tap, pay, and go, with the Lightning Network enabling near-instant settlement and zero processing fees for merchants through 2026.</cite></p>
<p>Taken together, the Cash App Wand and Square's Bitcoin tap-to-pay pilot reflect Block's strategy of weaving Bitcoin deeper into the everyday payment experience, from consumer accessories to merchant terminals.</p>
<p><strong>Sources:</strong><br><a href="https://www.businesswire.com/news/home/20260604639871/en/Introducing-Cash-App-Tags1-A-New-Way-to-Pay" rel="noopener noreferrer nofollow">Business Wire: Introducing Cash App Tags, A New Way to Pay</a><br><a href="https://block.xyz/inside/block-launches-bitkey-wallet-with-screen-automatic-bitcoin-earning-on-cash-app-and-proof-of-reserves" rel="noopener noreferrer nofollow">Block.xyz: Block launches Bitkey wallet, bitcoin earning on Cash App, and Proof of Reserves</a><br><a href="https://www.coindesk.com/business/2026/04/28/jack-dorsey-s-block-nears-9-000-bitcoin-in-treasury-after-q1-addition" rel="noopener noreferrer nofollow">CoinDesk: Jack Dorsey's Block nears 9,000 Bitcoin in treasury after Q1 addition</a></p>

Jack Dorsey's Cash App has launched a tap-to-pay Wand.

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