Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
Block's Cash App has initiated a phased rollout of USDC stablecoin payments to its nearly 60 million users, starting with 25% of users. The full rollout is expected to be completed by the end of the week, marking a significant shift for CEO Jack Dorsey, who has historically favored Bitcoin. The feature will support USDC on multiple blockchain networks, although it will have strict transaction limits and will not be available in New York or for sponsored accounts.
- ▪The stablecoin feature is currently active for 25% of Cash App users and will reach all users by the end of the week.
- ▪Jack Dorsey, previously a Bitcoin maximalist, has acknowledged customer demand for stablecoins and shifted his stance.
- ▪Cash App will support USDC on Solana, Ethereum, Polygon, and Arbitrum, with strict transaction limits for users.
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FinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBlock kicks off Cash App’s phased stablecoin roll out to its nearly 60 million usersAn individual familiar with the matter told CoinDesk the stablecoin feature was rolled out to 25% of users already and by the end of the week, all users will have access.By Olivier Acuna|Edited by Nikhilesh De May 27, 2026, 2:26 p.m. 2 min readMake preferred on Jack Dorsey (Joe Raedle/Getty Images)What to know: Block’s Cash App has begun rolling out USDC stablecoin payments to about a quarter of its nearly 60 million users, with plans to reach all users by the end of the week.The move marks a major shift for CEO Jack Dorsey, a longtime bitcoin-only advocate, who now acknowledges customer demand for stablecoins despite his…
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