TechFlow News, May 27: According to CoinDesk, Block’s Cash App has begun rolling out its USDC stablecoin payment feature in phases. The feature is currently available to approximately 25% of users and is expected to be extended to nearly all 60 million users by the end of this week. It supports four blockchain networks—Solana, Ethereum, Polygon, and Arbitrum—and is positioned strictly as a payment tool, not an investment product. Users can deposit or withdraw USDC from external accounts. Daily sending limits are set at $2,000 (with a weekly limit of $5,000), while the weekly receiving limit is $10,000. This feature is not yet available to users in New York State or to sponsored accounts.
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