Block has begun the gradual rollout of its stablecoin feature on Cash App, making it accessible to approximately 25% of its nearly 60 million users, with plans to reach all users by week’s end. This decision represents a significant change for CEO Jack Dorsey, a long-time advocate of bitcoin only, who now recognizes the demand for stablecoins among customers despite his previous reservations. Cash App will facilitate USDC transactions on Solana, Ethereum, Polygon, and Arbitrum, implementing strict transaction limits while cautioning that blockchain transfers are irreversible and the feature is not available in New York or for sponsored accounts. According to a source familiar with the situation, the stablecoin payment feature has launched for a quarter of users and is expected to scale to full accessibility by the end of this week. A representative from Block confirmed the rollout when asked for a comment. This launch signifies a major ideological shift for Block’s leadership and alters the platform’s approach to digital fiat currencies. The source indicated that the adoption of alternative blockchain payment methods suggests that Jack Dorsey, historically a bitcoin maximalist, now sees genuine value in networks outside of BTC. Currently, the total market capitalization of stablecoins has hit a record $322 billion, exceeding the foreign exchange reserves of 95 countries, including developed nations like the UK and Canada. The introduction of a stablecoin payment option was first announced on the Cash App site late last year, with an initial expected availability in 2026. Dorsey clarified his change of perspective in March, expressing reluctance about supporting stablecoins, stating, ‘I don’t like that we’re going to support stablecoins but our customers want to use them. I don’t think it’s wise to go from one gatekeeper to another.’ For years, Dorsey positioned Block’s cryptocurrency strategy around Bitcoin exclusively, promoting mining hardware development and integrating the asset into offerings such as Cash App. The newly introduced stablecoin integration is being treated solely as a payment option rather than an investment vehicle, according to a statement on the Cash App website. Users can deposit Circle’s USDC stablecoins from outside accounts to fund their Cash App fiat balance or withdraw funds as stablecoins to external accounts, leveraging the blockchain as a modern transaction method. As per the official product documentation, the feature supports USDC across four networks: Solana, Ethereum, Polygon, and Arbitrum. Since these blockchain transactions are fully irreversible, any funds sent to incorrect addresses or unsupported networks will be irretrievably lost. To utilize this feature, which is not available in New York or for sponsored accounts, identity-verified users must adhere to strict limits: a $2,000 daily ($5,000 weekly) sending cap and a $10,000 weekly receiving cap. UPDATE (15:15 UTC): Added confirmation from Block that the USDC stablecoin payment rollout is underway.