Square, the popular payments company owned by Jack Dorsey’s Block (formerly known as Square Inc.), has officially started rolling out $BTC payment options for sellers on its platform.
Owen Jennings, an executive at Block, announced the news on X (formerly Twitter), stating that select merchants are now being onboarded to accept Bitcoin payments via the Lightning Network— a layer-2 solution that speeds up Bitcoin transactions and reduces fees.
➡️How It Works
Customers will be able to pay in $BTC
using the Lightning Network, which allows for fast, cheap, and scalable BTC transactions. Once the payment is made, Square will automatically convert the Bitcoin into fiat currency (like USD) for the merchant. This means sellers don’t have to worry about Bitcoin price volatility — they get paid in their local currency instantly.
➡️What’s Next?
According to Square, the goal is to make Bitcoin payments available to all sellers on its platform by 2026. The company began testing the feature at the Bitcoin 2025 conference held in Las Vegas back in May, where attendees could scan a barcode to make purchases using BTC.
➡️Why Lightning Network?
Traditionally, Bitcoin has faced criticism for slow transaction speeds and high fees— especially during peak times. The Lightning Network helps fix this by creating special payment channels off-chain, allowing for nearly instant and low-cost transfers. Square sees this technology as a key part of its strategy to push Bitcoin into everyday commerce.
➡️Final Thoughts
This move from Square is a major step forward for real-world $BTC adoption. If successful, it could make it much easier for both businesses and consumers to use BTC in daily transactions — without the headaches of slow confirmations or complicated wallets.
With Square aiming for full rollout by next year, Bitcoin payments at your favorite stores might not be far off.
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