Square Merchants Now Accept Bitcoin Payments: A Major Step for Crypto Adoption

Square, the popular payment processing platform from Block (formerly Square Inc.), has officially rolled out Bitcoin payment acceptance for its network of merchants across the United States. This update, announced allows eligible sellers to accept BTC directly at checkout with zero processing fees for the first year, marking a significant milestone in bringing cryptocurrency to everyday commerce.

Square’s Bitcoin Payments: Seamless Integration for Small Businesses

The new feature enables over 4 million U.S. merchants (excluding those in New York) to accept Bitcoin payments via the Lightning Network, providing near-instant, low-cost transactions. Customers can pay with BTC using a QR code at the point of sale, with Square handling the conversion to fiat if desired. Merchants can also automatically convert up to 50% of their daily sales into Bitcoin, diversifying their finances without technical hurdles. The rollout began with a pilot at the Bitcoin 2025 conference in Las Vegas in May, where attendees used BTC for merchandise purchases.

This native integration strips away complexity, allowing sellers to manage BTC alongside traditional finances in the same dashboard. “When a coffee shop or retail store can accept bitcoin through Square, small businesses get paid faster and keep more of their revenue,” said Miles Suter, Bitcoin Product Lead at Block.

• Zero Fees: No processing charges until 2026; 1% flat fee from 2027.
• Lightning Network: Instant settlements; no chargebacks.
• Conversion Option: Up to 50% daily sales auto-converted to BTC.

Broader Impact: Bridging Crypto and Main Street

Square’s move, part of Block’s long-standing Bitcoin advocacy under Jack Dorsey, democratizes crypto payments for small businesses. With U.S. crypto payment users expected to grow 82% between 2024 and 2026, this could onboard millions of merchants to BTC, fulfilling Satoshi Nakamoto’s vision of peer-to-peer electronic cash. The feature builds on Square’s 2024 Bitcoin Conversions, where sellers accrued 142 BTC by October 1, 2025, and expands to include a built-in BTC wallet for holding or sending.

This comes amid Bitcoin’s stabilization at $106,500 (+2.5% daily) following a dip below $100,000, with 67% institutional optimism signaling mainstream integration. As stablecoins like USDC process $27 trillion annually, Square’s BTC tools could capture 5-10% of small business payments, boosting adoption.

2025 Bitcoin Payment Adoption Prediction: $100B-$200B Volume

Bitcoin payment adoption prediction for 2025 targets $100B-$200B volume, with 100% growth on merchant tools. Changelly forecasts BTC $123,849; CoinDCX $131,500. Bull catalysts: Square rollout; bear risks: Volatility testing $100K support.

For businesses, how to accept Bitcoin with Square via the dashboard ensures quick setup. Bitcoin payment guide and crypto commerce trends 2025 provide insights.

Trading Strategy: Adoption Longs

Short-term: Long BTC above $106K targeting $110K, stop $103K (3% risk). Swing: Accumulate dips, staking for 5% APY. Watch $107K breakout; below $103K, exit.

In summary, Square’s Bitcoin payments for 4M merchants, with zero fees until 2026, accelerates crypto’s main street push, fueling $100B-$200B 2025 volume surge.