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Square Sets the Table for Crypto-Fueled Caffeine Fixes

  • On May 27, 2025, during the Bitcoin 2025 event held in Las Vegas, Block revealed plans to enable Bitcoin payment functionality on Square's platform by 2026.
  • This announcement follows Block's long-standing commitment to Bitcoin and its effort to integrate Bitcoin payments using the Lightning Network for fast, low-cost transactions.
  • The new feature, enabling merchants to accept Bitcoin via Square hardware and apps, is scheduled for initial rollout in late 2025, pending regulatory approval.
  • Block holds 8,584 BTC valued at about $935 million and aims to expand its Bitcoin ecosystem through products like Bitkey’s self-custody wallet and Cash App’s Bitcoin services.
  • This integration could accelerate Bitcoin's accessibility for millions of sellers, potentially advancing peer-to-peer payments and signaling wider crypto adoption among small businesses.
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TokenPost broke the news in on Tuesday, May 27, 2025.
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