The post Square Begins Automatic Bitcoin Payment Rollout To Millions appeared on BitcoinEthereumNews.com. Square, the payments platform owned by Block, has begunThe post Square Begins Automatic Bitcoin Payment Rollout To Millions appeared on BitcoinEthereumNews.com. Square, the payments platform owned by Block, has begun

Square Begins Automatic Bitcoin Payment Rollout To Millions

2026/03/31 01:24
3분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 [email protected]으로 연락주시기 바랍니다

Square, the payments platform owned by Block, has begun automatically enabling bitcoin payments for eligible U.S. sellers starting today, marking a major expansion in the company’s push to integrate bitcoin into everyday commerce.

The move, touched on by Square product lead Miles Suter on X, shifts the feature from an opt-in tool introduced in late 2025 to a default setting now activated across millions of merchants. 

Sellers will still receive USD as their default settlement currency, with bitcoin payments seamlessly converted in the background. 

Square first unveiled its “Square Bitcoin” initiative in October 2025, introducing integrated bitcoin payments and wallet functionality for small businesses. 

At launch, merchants could choose to enable bitcoin acceptance at checkout, with support for Lightning Network payments, instant settlement, and zero processing fees through 2027.

A broader rollout followed in November 2025, but adoption remained voluntary.

Today’s update removes that friction entirely. Eligible U.S. sellers now have bitcoin payments enabled automatically, without requiring manual activation in their Square settings. Merchants retain the ability to opt out or adjust preferences.

Bitcoin at the point of sale for Square

With the change, customers can pay in Bitcoin at checkout while merchants continue to receive USD by default. The system is designed to abstract away volatility and settlement complexity, positioning bitcoin as a payment rail rather than a speculative asset for merchants.

Square’s integration leverages Lightning Network infrastructure to enable near-instant transactions, aiming to make bitcoin usable in everyday retail environments such as cafés, salons, and local shops.

Suter has described the rollout as a foundational step toward bitcoin functioning as “everyday money,” pointing to the scale of Square’s merchant network as a catalyst for adoption.

Earlier this year, Cash App, a mobile payments app from Block, also announced major upgrades to its Bitcoin offering, including zero-spread pricing, lower fees, expanded withdrawal limits, and new funding rails such as ACH and wire transfers.

According to Suter, eligible users can now withdraw up to $10,000 daily and $25,000 weekly, positioning Cash App as one of the most cost-effective Bitcoin on-ramps in the U.S.

The update aims to simplify Bitcoin usage, with automatic conversion between USD and Bitcoin and improved user experience across the platform.

Editorial Disclaimer: We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.

Source: https://bitcoinmagazine.com/news/square-begins-automatic-bitcoin-payment

시장 기회
OPT 로고
OPT 가격(OPT)
$0.001288
$0.001288$0.001288
-1.15%
USD
OPT (OPT) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, [email protected]으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.