Cash App currently supports USDC on Solana, Ethereum, Polygon, and Arbitrum. USDC send and receive will be fee-free to start.
.
Since stablecoins on Cash App auto-convert to U.S. Dollars, customers don’t need to hold or manage a standalone stablecoin wallet on the platform. Cash App manages sourcing, conversion, and settlement behind the scenes.
.
Sending stablecoins to an address on an incompatible network, or sending an unsupported asset to any address, will result in a permanent and irreversible loss of funds. Cash App cannot recover funds sent to incorrect, incompatible, or unsupported addresses or networks.
.
Stablecoins on Cash App is not available to New York residents.
.
Virtual currencies are non-deposit, non-bank products that are not FDIC insured and involve risk, including monetary loss.
No way!! Hahahah
Now if they would only fix whatever they broke, earlier this week. Possibly related to adding Stablecoin support.
#1496281