The payments platform says its 59 million monthly users can now send and receive USDC (U.S. dollar-pegged stablecoin) with no fees and without creating a separate crypto wallet.
Cash App has introduced USDC (U.S. dollar-pegged stablecoin) transfers across Solana, Ethereum, Polygon and Arbitrum, expanding stablecoin access for its 59 million monthly users. According to the announcement, users can send and receive the token without paying transfer fees and without setting up a separate wallet, lowering friction for mainstream crypto payments. The move broadens support across multiple blockchain networks, which are commonly used to move digital assets with different speed and cost profiles.