365Crypto
Square, owned by Jack Dorsey’s Block Inc., is taking Bitcoin payments mainstream. The company has rolled out a new feature that lets U.S. merchants accept Bitcoin at checkout, store it in a built-in wallet, and pay no processing fees until 2026.
The move could make Bitcoin more than just a speculative asset. Merchants can now hold or trade BTC right inside their Square dashboard. They’ll get full control to buy, sell, or withdraw their Bitcoin. The only catch? It’s available in the U.S. — except for New York State — and not yet open to global sellers.
Over 4 million businesses already use Square’s payment system, giving this rollout serious reach. By 2027, the company plans to introduce a 1% fee, but until then, it’s free. That’s a big incentive for small shops testing crypto payments without extra costs.
Jack Dorsey’s vision for Bitcoin keeps expanding. He has already added BTC payments to Cash App and is working on an open-source Bitcoin mining system to cut energy costs. His company, Block Inc., currently holds around 8,692 BTC, making it one of the top corporate Bitcoin holders globally.
Crypto payments are heating up again. Research from eMarketer predicts U.S. crypto payment use will surge 82% between 2024 and 2026. Surveys show more Americans and Brits now see crypto as a real payment tool. Add in AI-powered payment systems like Google’s Agent Payments Protocol, and crypto may soon be everywhere — from small coffee shops to big tech platforms.
(*Note: BTC refers to Bitcoin, a decentralized digital currency. AI = Artificial Intelligence.*)
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