Confirming the circulating news, the giant Cash App has started rolling out the feature to send and receive stablecoins $USDC for 25% of its user base (equivalent to about 15 million active users currently), with plans to expand coverage to include all 60 million users before the end of this week in 2026!
๐ Details of the liquidity mechanics:
โก Settling on the Solana Network: This feature allows for instant transaction settlements via the super-fast, low-cost Solana network, enabling investors to convert their digital assets to cash in seconds.
๐๏ธ Jack Dorsey's Ideological Shift: This launch marks a historic transformation in the mindset of the company's founder, Jack Dorsey, who has always been a staunch advocate of being Bitcoin-only. It proves that the market's need for stablecoin trading as a daily Payment Rail is becoming a reality that financial institutions can no longer ignore.
๐ฌ Quick Interaction Question: Activating a stable payment network of this scale for 60 million users represents a real turning point for mass adoption. Do you think this move will trigger a crazy bull rally for the liquidity-hosting layer one networks, especially Solana and Ethereum? Share your instant predictions in the comments! ๐๐ช๐