Bitcoin News

Story: Jack Dorsey’s Bold Bitcoin Move: Square to Accept BTC by 2026

By Evie Vavasseur

1 / 15

Block Inc., the company led by Twitter co-founder Jack Dorsey, is taking a major step forward in making Bitcoin a viable everyday currency.

2 / 15

The new Bitcoin payment feature is being demoed at the Bitcoin 2025 conference in Las Vegas, where attendees can try out the service at the BTC Inc. merchandise store.

3 / 15

Block's initiative is designed to allow sellers—from coffee shops to clothing stores—to accept near-instant Bitcoin payments with lower transaction fees compared to traditional…

4 / 15

“Block has long been a champion of Bitcoin,” said Miles Suter, Bitcoin Product Lead at Block.

5 / 15

The backbone of the system is the Lightning Network, a layer-2 scaling solution for Bitcoin that facilitates instantaneous, low-fee transactions.

6 / 15

The initial start is scheduled for late 2025, pending regulatory approvals. Block says the full rollout across its Square network should be completed in 2026, opening the door to…

7 / 15

This is more than a feature update—it’s a paradigm shift in retail transactions. Traditional payment systems can involve multiple intermediaries, long settlement times, and fees…

8 / 15

Small businesses stand to benefit significantly. Faster payments mean improved cash flow. Lower fees mean higher profit margins.

9 / 15

Block’s Bitcoin integration with Square is part of a much broader ecosystem the company is building around digital assets.

10 / 15

In addition to Square, Block operates a number of Bitcoin-focused products:

11 / 15

Bitkey: A self-custody wallet with enhanced security features, including inheritance recovery options.

12 / 15

Cash App: A popular mobile payment app that already supports Bitcoin buying and selling.

13 / 15

Spiral: An open-source initiative contributing tools and resources to the broader Bitcoin community.

14 / 15

By integrating these services, Block is not just enabling Bitcoin payments—it’s creating an entire ecosystem where users can buy, store, spend, and mine Bitcoin with ease.

15 / 15

Jack Dorsey has long been a vocal advocate of Bitcoin as the native currency of the internet.

The Currency Analytics

Want the full story?