Block's BTC Payments Begin on Square in Late 2025
Block is officially bringing Bitcoin payments to Square, and this rollout is happening in late 2025. The company announced that millions of merchants will soon be able to accept Bitcoin payments directly through their existing Square systems, which should significantly boost Bitcoin adoption while also reducing crypto transaction fees for businesses. Also Read: BlackRock Flags Quantum Computing as Emerging Bitcoin Threat Block Square Bitcoin Payments Drive Adoption, Cut Fees & Enhance Security Source: Watcher Guru How Block’s New Bitcoin Payment System Actually Works Right now, Block is using the Lightning Network to power these new Bitcoin payments on Square, and this technology enables near-instant transactions with much lower crypto transaction fees than traditional Bitcoin transactions. Merchants can accept Bitcoin payments through their current Square hardware, and the system automatically handles all the complex stuff like exchange rate calculations and transaction confirmat...