Breaking:
⚡ Jack Dorsey's Block Inc. Introduces Bitcoin Lightning Payments via Square 👀

On May 27, 2025, Block Inc., led by Jack Dorsey, announced the launch of a pilot program enabling businesses using Square point-of-sale terminals to accept Bitcoin payments through the Lightning Network. This move aims to facilitate faster and more cost-effective transactions for merchants and customers alike.

The system allows customers to scan a QR code using the Square app, which handles real-time exchange rates and transfers behind the scenes. Merchants have the option to receive payments in Bitcoin or convert them into U.S. dollars, similar to traditional payment methods like Visa or MasterCard.

Block's pilot program is set to go live across eligible sellers on the Square platform later this year, with general availability expected in 2026, pending regulatory approvals.

This initiative underscores Dorsey's commitment to promoting Bitcoin as a viable currency for everyday transactions, not just a store of value. He emphasizes the importance of integrating Bitcoin into real-world payment systems to ensure its relevance and success.

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