Block kicks off Cash App’s phased stablecoin roll out to its nearly 60 million users
60-second summary
Block, the fintech company behind Cash App, is rolling out its stablecoin feature to nearly 60 million users in a phased approach. 25% of users already have access, and by the end of the week, all users will be able to use the stablecoin. This expansion is expected to increase adoption and usage of Cash App's financial services.
An individual familiar with the matter told CoinDesk the stablecoin feature was rolled out to 25% of users already and by the end of the week, all users will have access.