Cash App Rolls Out Fee-Free USDC Payments to Nearly 60 Million Users

Block’s Cash App has started sending USDC stablecoin payments live to roughly a quarter of its nearly 60 million users. The rest are expected to have access by the end of the week.

A Block spokesperson confirmed the rollout is underway. The feature supports USDC on four chains: Solana, Ethereum, Polygon, and Arbitrum.

Stablecoins are here on Cash App. Send and receive USDC that auto-converts to USD, fee-free to start.

No wallet setup. No extra app.

Just Cash App. pic.twitter.com/KyOFb1ZM9h

— Cash App (@CashApp) May 27, 2026

The mechanic here is simple and worth explaining. Cash App does not give users a separate stablecoin wallet or balance.

When someone receives USDC, the app instantly converts it to U.S. dollars in their Cash Balance. When they send, Cash App converts the dollar amount 1:1 to USDC on whichever supported chain the recipient needs.

No fees at launch.

CoinDesk reported on the rollout and the product limits that come with it:

According to CoinDesk: Block’s Cash App has started rolling out USDC stablecoin payments to about a quarter of its nearly 60 million users, with plans to reach all users by the end of the week. A Block spokesperson confirmed the rollout is in process.

Cash App will support USDC on Solana, Ethereum, Polygon, and Arbitrum, while warning users that blockchain transfers are irreversible. The product limits are deliberately tight: $2,000 daily and $5,000 weekly for sending, plus $10,000 weekly for receiving after identity verification.

New York customers and sponsored accounts are excluded for now. The move also marks a shift for Jack Dorsey’s bitcoin-first Block as customer demand pulls stablecoins into the app.

CoinDesk reported on May 27, 2026 that Block’s Cash App has begun rolling out USDC stablecoin payments to about 25% of nearly 60 million users, with plans to reach all users by the end of the week. CoinDesk said a Block spokesperson confirmed that the stablecoin rollout is in process.

CoinDesk reported that Cash App supports USDC on Solana, Ethereum, Polygon, and Arbitrum.

New York users are shut out for now, consistent with the state’s separate licensing requirements for stablecoin products.

SCOOP: Block’s Cash App has begun rolling out USDC stablecoin payments to about a quarter of its nearly 60 million users, with plans to reach all users by the end of the week.

Read the full story on CoinDesk

— CoinDesk (@CoinDesk) May 27, 2026

For a company built around Jack Dorsey’s bitcoin-first philosophy, the stablecoin addition is a notable concession to user demand. Block signaled the move back in November 2025, when it announced that eligible customers would soon be able to send and receive stablecoins as a complement to bitcoin.

Cash App’s help page lays out the stablecoin mechanics inside the app:

According to Cash App Help: Users can send and receive stablecoins directly from their Cash Balance, and there is no separate stablecoin balance inside the app. Received stablecoins are instantly converted to U.S. dollars in the user’s Cash Balance.

When a user sends, Cash App converts the dollar amount 1:1 to stablecoins. There are no fees for sending or receiving stablecoins on Cash App.

Supported networks are Solana, Ethereum, Polygon, and Arbitrum, and unsupported networks or wrong addresses can cause permanent loss. Identity verification is required for stablecoin sends and receives, with no current availability for New York customers or sponsored accounts.

Cash App’s official help page says users can send and receive stablecoins directly from their Cash Balance, with no separate stablecoin balance. Cash App says received stablecoins are instantly converted to U.S. dollars in the user’s Cash Balance, while sends convert the dollar amount 1:1 to stablecoins.

Cash App says there are no fees for sending or receiving stablecoins on Cash App. Cash App’s official help page lists daily and weekly limits for verified users: $2,000 per day and $5,000 per week for sending, and $10,000 per week for receiving.

The product design reflects that framing. Stablecoins inside Cash App function as a transfer mechanism, converting to and from dollars automatically.

Users never hold a USDC balance in the app. It is a payment rail dressed in familiar Cash App clothes.

USDC on Solana is now part of @CashApp https://t.co/Qmq7hIBt5W

— Solana (@solana) May 27, 2026

Solana’s official account highlighted the integration, and for good reason. Cash App’s user base dwarfs most crypto-native wallets, and fee-free USDC sends on Solana put a fast, cheap stablecoin chain in front of a mainstream audience that has never touched a block explorer.

The same applies to Ethereum, Polygon, and Arbitrum. Four supported networks means Cash App users can send USDC to most major DeFi and exchange deposit addresses without leaving the app they already use for rent splits and direct deposits.

Limits are real constraints. A $2,000 daily send cap and $5,000 weekly cap mean this is a consumer payments feature, not a whale on-ramp.

The $10,000 weekly receive limit reinforces the same boundary.

Still, distribution matters more than per-user limits when 60 million people are on the other end. Cash App turning USDC into a default dollar-transfer option inside its existing interface is a bigger infrastructure moment than another exchange listing or wallet integration.

The stablecoin just got a mainstream front door.

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