The world’s largest online payment processor followed through on the recent reports and confirmed that it will acquire the crypto custodian Curv.
Customers who bought crypto through the platform have been logging in twice as much as they were before, the payments giant said.
And the reason for that is two-fold. One, there is more users actually using or trading Bitcoin on the Cash App. And two, the number of transactions per user is going up. So what weve said in the note is that even if Bitcoin goes up to you know a $100,000 or stays at $30,000 or $10,000, Square will still benefit from it.
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