The American coffee shop chain #CompassCoffee in Washington, D.C., became the world's first merchant to accept payments in #BTC through a regular terminal #Square .

During DC Fintech Week, customers were able to pay with cryptocurrency using #lightningnetwork , and all transactions were instant.

Michael Haft, CEO and co-founder of Compass Coffee, stated on social media X:

"We tested Lightning payments with 10 different wallets — fast, reliable, and honestly, quite fun. Everything was processed instantly."

Square plans to begin a global rollout of the technology on November 10, when merchants will be able to accept payments in bitcoins and convert up to 50% of daily sales into cryptocurrency, with no processing fees for the first year.$BTC