That means eligible U.S. customers can now use their Cash App balance to buy digital assets on MoonPay and via select partners on its network, the company announced Tuesday (Aug. 18).

“Cash App is where tens of millions of Americans already manage their money,” Ivan Soto-Wright, CEO and co-founder of MoonPay, said in a news release.

“This integration means that those users can access the digital asset ecosystem, funded instantly from an app they already know and trust. We couldn’t be more excited to partner with Cash App to make that a reality.”

The company argues that trust is tied to MoonPay’s “regulatory depth,” as it…