Block’s Cash App has quietly begun rolling out its highly anticipated stablecoin payment feature, a source familiar with the matter told CoinDesk Wednesday. According to this individual, the feature is now active for 25% of Cash App’s nearly 60 million users, with plans to scale to 100% by the end of the week.Block did not immediately respond to a CoinDesk request for comment.The launch marks an unprecedented ideological shift for Block’s leadership and changes how the platform handles digital fiat currency.The source familiar with the matter said that integrating alternative blockchain rails indicates Block CEO Jack Dorsey, a historically staunch…

A range of crypto companies appears in a preliminary list for the Russell 3000 index, including treasury firms Sharplink and Forward Industries, along with crypto exchange Gemini and crypto services firm Galaxy Digital. A preliminary index list for the Russell 3000 was published by the index’s provider, FTSE Russell, on Friday. The index tracks the 3,000 largest companies in the US and requires a market capitalization of at least $146.4 million.Sharplink has a market cap of $1.2 billion, and the company’s CEO, Joseph Chalom, said in a statement on Tuesday that it means the firm could make the Russell 2000, an…

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