Jack Dorsey's Block to Launch Bitcoin Lightning Payments on Square Terminals for 4 Million Merchants Starting H2 2025

Jack Dorsey's Block has announced plans to enable Bitcoin payments on all Square point-of-sale terminals. The rollout will begin in the second half of 2025, with full deployment to approximately 4 million merchants expected by 2026. The payment system will utilize the Bitcoin Lightning Network, allowing merchants to accept fast and low-cost Bitcoin transactions through a simple QR code scan at checkout. Merchants will have the option to either hold Bitcoin or convert it automatically to fiat currency. This initiative aims to integrate Bitcoin into everyday business transactions across the United States.

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