Block's Cash App opens USDC payment function to 60 million users

The Cash App under Block is gradually opening up USDC stablecoin payment function to 60 million users, currently covering about 25% of users, and plans to achieve 100% full opening within this week. Users can recharge, withdraw, and settle payments through USDC, which supports four blockchain networks: Solana, Ethereum, Polygon, and Arbitrarum. Jack Dorsey, CEO of Block, stated that the demand for stablecoins from users has prompted the company to adjust its strategy.