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.
20 Articles
20 Articles
Square Sets the Table for Crypto-Fueled Caffeine Fixes
Girl/boy math is telling yourself that an $8 matcha latte costs just seven hundred-thousandths of a bitcoin. Soon, that conversion will matter because any shop that uses Square will be able to accept bitcoin payments. Square parent Block said it’ll start supporting bitcoin later this year, reaching all 4 million of its sellers by next year. CEO Jack Dorsey said merchants can keep the bitcoin they’re paid in or have it automatically converted to…
Bitcoin Payments Goes Live on Square, Threatens Visa and Mastercard
Key Insights: Block, Inc. rolled out Bitcoin payments on Square, unlocking BTC access for over 4M merchants. Payments will run through the Lightning Network, starting with a simple QR scan. Merchants can choose to HODL the Bitcoin, or auto-convert it to fiat in real-time. Senator Cynthia Lummis wants the government to not interfere with Bitcoin’s advancements. The world is undergoing a shift in global payments with cryptocurrencies assuming a p…
Block to Roll Out Bitcoin Payments on Square
Block, Inc. announced it will launch bitcoin payments on Square, marking a significant milestone in making bitcoin more accessible and usable. Bitcoin payments on Square will be showcased at Bitcoin 2025 in Las Vegas from May 27-29, where attendees can experience this new feature firsthand at the BTC Inc. merchandise store. By leveraging the Lightning Network, the Square Point of Sale app enables merchants to accept bitcoin payments directly thr…
Block Expands Payment Options with Bitcoin Integration on Square | Fintech InShorts: Latest fintech news, analysis by experts
Unlocking New Avenues for Cryptocurrency Transactions for Merchants and Consumers Alike Highlights: Block has integrated Bitcoin payment options directly into its platform, Square. This move aims to enhance the payment experience for both merchants and consumers. The integration will facilitate faster and more secure transactions using Bitcoin. Block’s recent announcement of incorporating Bitcoin payments into Square marks a significant step fo…
Jack Dorsey’s Square to Enable Bitcoin Payments for Retail - Crypto Economy
TL;DR Block, Jack Dorsey’s company, announced the integration of Bitcoin payments into the Square platform, utilizing the Lightning Network for instant and low-cost transactions. This functionality is currently in a testing phase and is expected to roll out to all eligible merchants by 2026. This move could transform how small businesses accept payments, reinforcing the vision of Bitcoin as everyday money. The retail revolution is closer than i…
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