Share this article
Square Begins Rollout of Bitcoin Payments for Sellers, Targets Full Availability by 2026
Payments are settled in real-near time using Bitcoin layer-2 Lightning, with Square processing the exchange into fiat
Jul 23, 2025, 2:48 p.m.
Make us preferred on Google
What to know:
- Square has begun the rollout of bitcoin payments to merchants on its network.
- The Jack Dorsey-founded company has begun onboarding the first sellers enabling them to accept Lightning Network-powered BTC payments from customers.
- Square plans to make the service available to all merchants using its sales terminals by next year.
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.
STORY CONTINUES BELOW
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.
Більше для вас
Higit pang Para sa Iyo
Ethereum Foundation leadership shake-up: Tomasz Stańczak out as co-executive director
Stańczak came aboard in 2025 after the exit of longtime chief Aya Miyaguchi amid criticism the foundation wasn’t doing enough to push the Ethereum ecosystem.
Ano ang dapat malaman:
- Tomasz Stańczak, co-executive director of the Ethereum Foundation (EF), is stepping down from his leadership role at the end of the month.
- Stańczak, who shared leadership of the foundation with Hsiao-Wei Wang since early 2025, will be replaced by Bastian Aue, who will continue as co-executive director alongside Wang.
Top Stories
