Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 2698
Markets: 22707
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
Market Cap
24h Vol
2698
Cryptocurrencies
63.57%
Bitcoin Share
CoinDesk 2025-07-23 14:48:26

Square Begins Rollout of Bitcoin Payments for Sellers, Targets Full Availability by 2026

Square Begins Rollout of Bitcoin Payments for Sellers, Targets Full Availability by 2026

Jack Dorsey's Square (XYZ) has begun the rollout of bitcoin payments for merchants on its network. Square began onboarding the first sellers, enabling them to accept Lightning Network-powered BTC payments from customers, Owen Jennings, executive officer at Square's parent company Block (XYZ), posted on X on Tuesday . Payments are settled in real-near time using Bitcoin layer-2 Lightning, with Square processing the exchange into fiat. Square plans to make the service available to all merchants using its sales platform by next year. The company piloted the system at the Bitcoin 2025 conference in Las Vegas in May, allowing attendees to make purchases in BTC by scanning a barcode. Square regards Lightning as fundamental to its plans to accelerate bitcoin payments adoption, which has been hampered historically by slow speeds. Lightning tackles this by creating micropayment channels that can process transaction away from the main Bitcoin blockchain.

Most Read News

Market Cap
24h Vol
63.57%
Bitcoin Share
68
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.