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via Decrypt · By Decrypt Editorial

Cash App Now Supports Stablecoins, Despite Bitcoin Maxi Jack Dorsey's 'Gatekeeper' Gripes

BTC

BTC/USDT

$63,642.03
-0.69%
24h Volume

$15,508,161,941.53

24h H/L

$65,622.83 / $63,642.02

Change: $1,980.81 (3.11%)

Long/Short
65.0%
Long: 65.0%Short: 35.0%
Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,063.66

0.07%

Volume (24h): -

Resistance Levels
Resistance 3$66,822.51
Resistance 2$65,712.57
Resistance 1$64,184.50
Price$64,063.66
Support 1$63,949.65
Support 2$61,834.89
Support 3$59,130.91
Pivot (PP):$64,055.99
Trend:Downtrend
RSI (14):41.1
DE
Decrypt Editorial
(06:49 PM UTC)
1 min read
MR
Updated byMichael Roberts
940 views
0 comments

In brief

  • Cash App has introduced fee-free USDC stablecoin transactions across Ethereum, Solana, Polygon, and Arbitrum.
  • Unlike Venmo, Cash App automatically converts incoming stablecoins into standard U.S. dollar balances.
  • The rollout introduces broader multi-chain utility to Block's payments ecosystem, which has previously focused on Bitcoin.

Cash App has begun supporting stablecoin transactions…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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