Cash App lets users send USDC stablecoins on chains like Solana and Ethereum
Hex37's read
- Cash App now supports USDC stablecoin transfers on Solana and Ethereum.
- Users can also send USDC on Polygon and Arbitrum networks.
- The company remains focused on Bitcoin, according to an executive.
What it means for traders
- Increased USDC utility on Solana and Ethereum could boost adoption and trading volume for these chains.
- While BTC remains the focus, broader stablecoin support may attract new users to the crypto ecosystem.
Affected markets
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