Block Inc., founded by Jack Dorsey, has launched a Bitcoin payment feature on its Square platform.
Author: Sahil Thakur
Block Inc., founded by Jack Dorsey, has launched a Bitcoin payment feature on its Square platform. This move aims to bring Bitcoin into mainstream retail. Merchants can now accept Bitcoin directly through Square’s point-of-sale system, using the Lightning Network.
This new feature allows businesses to accept Bitcoin payments instantly. Merchants can opt to receive Bitcoin directly or convert it to U.S. dollars at the point of sale. The integration is part of Square’s existing infrastructure, meaning businesses won’t need extra hardware. This removes barriers like high transaction fees and slow confirmation times.
Square serves over 4 million businesses and processes more than $200 billion in payments annually. Its vast merchant base could play a key role in making Bitcoin a usable currency in U.S. commerce.
Square’s integration offers a practical solution for everyday Bitcoin payments. Using the Lightning Network, transactions are fast and inexpensive. Bitcoin can now be used in retail without the hurdles that previously slowed its adoption. Square’s streamlined payment system brings Bitcoin closer to becoming a common currency, not just a store of value.
Currently, the feature is available to select merchants, with plans for a wider launch in 2026. This gradual rollout allows Square to refine the system before expanding it further.
Bitcoin has often been seen as a store of value. But Square’s move could help shift it into a usable currency for everyday transactions. Jack Dorsey has long advocated for Bitcoin to become the internet’s native currency. With this new feature, Square is taking a step toward that vision.
Bitcoin is currently trading above $118,000 in 2025, thanks to institutional demand and the approval of Bitcoin ETFs. Square’s initiative could take advantage of this momentum. If successful, it could push Bitcoin further into the retail world.
While the feature is in a limited rollout now, Square’s initiative marks a key step toward wider Bitcoin adoption. If successful, it could change how Bitcoin is used globally. Square’s move could pave the way for Bitcoin to be used as a common payment method for goods and services.
Companies accepting Bitcoin payments in 2025:
| Category | Company | Notes |
|---|---|---|
| Online Retailer | Overstock | Accepts Bitcoin for furniture and home goods |
| Online Retailer | Newegg | Electronics and PC hardware |
| Online Retailer | Beliani | European furniture retailer |
| Payment Processor | BitPay | Powers payments for AT&T, IKEA, Sony, etc. |
| Payment Processor | Coinbase Commerce | Crypto checkout for online merchants |
| Restaurant Chain | Steak n’ Shake | U.S. burger chain; BTC accepted since May 2025 |
| Venue / Club | Black Iris Social Club | Richmond-based arts venue accepting BTC |
| Auto Dealership | C.J. Wilson Dealerships | BTC accepted for cars (BMW, Audi, Porsche) |
| POS Provider | Square (Block, Inc.) | Lightning payments to 4M+ U.S. merchants |
| Digital Service | Accessible.org | Accessibility services accepting crypto |
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
ZachXBT Questions Kraken Listing Standards Over $M And $SPC
Stripe Treasury Adds Stablecoin Support Across 100+ Countries
Sweat Economy Exploit Drains 13.7B SWEAT From NEAR Wallets
MegaETH MEGA Token TGE Set for April 30 Launch
ZachXBT Questions Kraken Listing Standards Over $M And $SPC
Stripe Treasury Adds Stablecoin Support Across 100+ Countries
Sweat Economy Exploit Drains 13.7B SWEAT From NEAR Wallets
MegaETH MEGA Token TGE Set for April 30 Launch
