Square completes phased Bitcoin payments rollout for 4 million merchants

Square is completing its phased rollout of Bitcoin payments across its network of over 4 million merchants, making Bitcoin acceptance a default feature for eligible US businesses. Customers can pay using the Lightning Network for fast settlement, while merchants receive US dollars by default or choose to retain Bitcoin. Square is waiving processing fees through the end of 2026 and allows merchants to automatically convert up to half of their daily sales into Bitcoin. Open article →