Cash App launches stablecoin P2P payments

The news: Stablecoin payments are live on Cash App, per a press release.

Eligible US Cash App users can send and receive US dollars converted from USDC when transacting with crypto wallets. The service won’t charge a fee for a limited time. 

How we got here: Regulatory clarity from the GENIUS Act and buy-in from institutional players like Visa and Citi has spurred stablecoin payment adoption.

You've read 0 of 2 free articles this month.

Get more articles - create your free account today!