Cash App Adds USDC Transfers on Four Blockchains
The payment app now supports USDC transfers on Solana, Ethereum, Polygon and Arbitrum. The feature is available to its 59 million monthly users at no additional cost and without a separate wallet.
pymnts.comThe update allows users to send and receive the stablecoin across the four blockchains without paying fees or needing a separate wallet. The service reaches the platform's 59 million monthly users.
Background on the Change USDC is a dollar-pegged stablecoin issued by Circle.
Transfers on these networks settle on public blockchains rather than internal ledgers. The company did not announce a timeline for additional networks or features.
Key Facts
Potential Impact
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Users can move USDC directly between the listed networks inside the app.
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