Block's Cash App to Roll Out Stablecoin Payment Features in Phased Launch

Block's Cash App to Roll Out Stablecoin Payment Features in Phased Launch

2026-05-27 22:30View Original

ChainThink news, according to CoinDesk, Block's Cash App is gradually rolling out stablecoin payment functionality to its nearly 60 million users.

Currently, this feature covers approximately 25% of users, with a goal to achieve full rollout to 100% within this week.

The core functionality enables users to deposit and withdraw funds via USDC, facilitating seamless transfers between external wallets and Cash App balances, positioning stablecoins as payment settlement instruments rather than investment assets. The service currently supports four blockchain networks: Solana, Ethereum, Polygon, and Arbitrum.

Please note that on-chain transactions are irreversible; incorrect addresses or transfers to unsupported networks may result in permanent loss of funds.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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