Cash App has begun supporting stablecoin transactions on Ethereum and Solana, moving beyond its Bitcoin-only roots. The payment app, owned by Block, now allows users to send and receive stablecoins — likely USDC — on those two networks directly from the app. It’s a significant departure for a platform that has long treated Bitcoin as its sole crypto offering.
What changed
Users can now pick Ethereum or Solana when sending or receiving stablecoins inside Cash App. Previously, the app only handled Bitcoin transactions. The new feature effectively turns Cash App into a multi-chain wallet, at least for dollar-pegged tokens. The company hasn’t said whether other networks or assets will follow.
Why the shift now
Stablecoins have become the dominant use case for crypto payments, especially for remittances and everyday spending. By adding support, Cash App positions itself as a more versatile on-ramp and off-ramp. The move also aligns with Block’s broader push into decentralized finance and layer‑2 solutions, though the company hasn’t detailed specific plans for this product.
Ethereum and Solana, not just Bitcoin
Choosing Ethereum and Solana gives users two very different trade‑offs: Ethereum’s deep liquidity and higher fees versus Solana’s speed and lower cost. Cash App’s decision to support both suggests the company wants to accommodate a wide range of stablecoin use cases, from large transfers to micro‑payments. It’s also a tacit recognition that the Bitcoin‑only strategy, while loyal to the original crypto, was leaving money on the table.
The timing isn’t surprising. Stablecoin volumes have surged in 2026, and the regulatory landscape in the U.S. has grown clearer, making it easier for mainstream apps to offer them without legal ambiguity. Cash App’s user base, already familiar with Bitcoin, is likely to adopt stablecoins for routine transactions.
What’s next? The app still doesn’t support sending or receiving ether or SOL natively — only stablecoins on those chains. Whether Cash App eventually adds native tokens or expands to other networks remains an open question. For now, the focus is on making stablecoins work seamlessly for its millions of users.
