Zero fees, no wallet setup required! Cash App supports multi-chain USDC transfers, aggressively targeting the stablecoin transfer market.

📄Full Article· Automatically extracted by trafilaturaGemini 翻譯1343 words

Twitter founder Jack Dorsey's co-founded fintech company Block, Inc. has announced that its popular mobile payment platform Cash App has completed a major upgrade, now officially allowing users to send and receive the stablecoin USDC on chains including Solana and Ethereum. Block's Bitcoin Product Lead Miles Suter personally unveiled this breakthrough feature in a post on the social platform X. He stated that, effective immediately, Cash App users can conduct USDC transfers directly on the four major public chains: "Solana, Ethereum, Polygon, and Arbitrum." He said: All transactions are executed from your existing US dollar balance, with no need to open a separate crypto wallet, no need to manage multiple blockchains on your own, no cumbersome additional setup, and most importantly: completely fee-free. Making Bitcoin Everyday Money remains my top goal at @CashApp, @Square, @Bitkey, and @blocks. We remain singularly focused on bitcoin becoming the native currency of the internet. — Miles 🌞 (@milessuter) May 27, 2026 According to official data, Cash App currently has 59 million monthly active users globally. The opening of the USDC transfer function not only opens the door to the DeFi world for a vast base of traditional financial users, but also represents the most far-reaching territorial expansion in the cryptocurrency space for Cash App since it embraced Bitcoin years ago; and its partner, Circle, is the largest stablecoin issuer in the United States. It is worth noting that Jack Dorsey has long been regarded as one of the most steadfast "Bitcoin Maximalists." In the past, almost all of Block's cryptocurrency products were built around Bitcoin, including the self-custody hardware wallet Bitkey, the Bitcoin mining division Proto, and the independent team Spiral focused on open-source R&D. Therefore, Block's unprecedented extension of its business reach into stablecoins has drawn particular attention from Wall Street and the crypto community. Cash App's strategic pivot is not coincidental. Currently, major global banks, fintech startups, and traditional payment institutions are racing to invest heavily and explore practical application scenarios for stablecoins; even Visa and Mastercard are actively expanding their stablecoin businesses. Looking at the overall crypto market, the total supply of stablecoins has recently officially broken through the $300 billion mark. Among them, Tether (USDT), which firmly holds the market leader position, has surged by more than $5 billion in the past month; meanwhile, the combined supply of Circle's USDC, Ethena's USDe, and PayPal's PYUSD — these three stablecoins — shrank by approximately $4.2 billion over the same period. In the face of this market frenzy, while Miles Suter affirmed the practical value of stablecoins, he did not forget to reiterate the team's core philosophy. He pointed out that traditional fiat currency is "Money 1.0," Bitcoin is the future "Money 2.0," and stablecoins are the "bridge" between the two. He concluded by emphasizing: Making Bitcoin "Everyday Money" remains my top goal at Cash App, Square, Bitkey, and Block. We have always been singularly focused on making Bitcoin the native currency of the internet.

Data Status✓ Full text extractedRead Original (區塊客)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-05-19

Pump.fun announces that on 5/21 it will introduce "USDC trading pairs" for new memecoins! Community concerns: may severely hurt SOL locked supply

Similarity 480%標的 SOL,USDC關鍵字 usdc

2026-05-25

Buy crypto while you chat! MoonPay integrates with ChatGPT, enabling in-app purchases of BTC and XRP.

Similarity 470%標的 SOL,USDC同分類 zh

2026-04-29

Meta Launches USDC Stablecoin Payouts for Creators in Colombia and the Philippines

Similarity 450%標的 SOL,USDC關鍵字 usdc

2026-04-29