Cash App Rolls Out Zero-Fee USDC Transfers to 59 Million Users Across Four Blockchains

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Block's Cash App began phased rollout of USDC stablecoin payments to its ~60 million monthly users on May 27, supporting Solana, Ethereum, Polygon, and Arbitrum with zero transfer fees. Stablecoins auto-convert to dollars — users don't manage a standalone wallet. The move is notable because CEO Jack Dorsey was a longtime bitcoin-only advocate; accepting stablecoins marks a strategic pivot driven by customer demand over ideology.