The digital wallet Cash App is expanding beyond Bitcoin. The payments and banking platform will soon let users send and receive stablecoins, Miles Suter, Bitcoin product lead at the fintech Block, which owns Cash App, told Fortune. Access to stablecoins, or cryptocurrencies pegged to underlying assets like the U.S. dollar, will roll out early next year, said a Block spokesperson.
Suter did not say which stablecoins or which blockchains Cash App intends to support. “Our principles are to be chain and coin-agnostic right now, and to go where customers lead,” he said. “We’re not going to support 100 coins and 100 chains.”
