Block to Integrate Bitcoin Payments into Square by 2026
- Block plans to integrate Bitcoin payments into Square using the Lightning Network by 2026.
- The integration will facilitate near-instantaneous, low-cost transactions for merchants.
- The initial rollout is scheduled for the second half of 2025, pending regulatory approvals.
- Block is the tenth-largest corporate Bitcoin holder with 8,584 BTC valued at $935 million.
- This initiative is part of Block’s strategy to make Bitcoin more accessible for everyday transactions.
Jack Dorsey-led Block announced plans to integrate Bitcoin payments into Square by 2026. The integration aims to offer merchants near-instantaneous and low-cost transactions through the Lightning Network. The initial rollout is expected in late 2025, following regulatory approvals. Block holds a significant position in Bitcoin ownership with 8,584 BTC valued at $935 million.
Source (2.6)https://cryptobriefing.com/bitcoin-payments-square-rollout-2026/?rand=59535
