Jack Dorsey’s Financial Services Firm Block, Inc. will launch payments to Bitcoin in Square, the arm processing its payment, with a controlling to begin this year before a full launch in 2026.
The company announced The Bitcoin 2025 conference plan in Las Vegas on May 27, where Block presented a feature at the BTC Inc. merchandise store.
Merchants will receive bitcoin (Btc) Payments by existing square hardware using the Lightning Network, faster, lower cost layer-2 scaling network.
“Traders can choose to hold Bitcoin, or convert it to Fiat to real-time,” Dorsey Says In X.
The company said it is expected to start rolling in the second half of 2025, reaching all the right -worthy sellers by 2026, subject to regulatory approvement.
The transfer constitutes the existing features of Square bitcoin conversion that gives traders to automatically convert sales to BTC. For consumers, the payment is as simple as the scanning of a QR code, with square handling the technicalities behind the scenes and Lightning enabling close to instant settlement.
“It’s about strengthening the economy for traders who want to have options when it comes to receiving payments,” says bitcoin’s Bitcoin product Miles Suter.
Related: Jack Dorsey’s block is ‘DCA’ing’ in Bitcoin each month
The company added that, starting in May, it adds new privacy and security features to its self-custody BTC Wallet bitkey That launched it in late 2023, designed to make self-custable more accessible without traditional seed phrases.
Stake n ‘shake falls BTC adoption fees
Meanwhile, Dan Edwards, the American Fast Fast Food Chain operating chief Stake N ‘Shake, said at the stage at Bitcoin 2025 that the firm cut off the payment processing fees in half by adopting Bitcoin Bitcoin payments.
Steak ‘n shake CEO says people can now “pay for your franchise using #BitcoinCarrying
What time to live 🚀 pic.twitter.com/ktqhcazqdy
– The Bitcoin Conference (@thebitcoinconf) May 27, 2025
“Our experience to this day with Bitcoin is faster than credit cards, and when customers choose to pay to Bitcoin instead of credit cards, we save about 50% on our processing fees,” Edwards said.
“This means that Bitcoin is a winner for the customer, a win for us, merchants, and a win for you in the Bitcoin community.”
On May 9, Stake N ‘Shake announced that it would Start receiving bitcoin In payment to all restaurant locations worldwide starting May 16th.
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