Bitcoin News Today: "Square Drives Bitcoin's Shift from Speculation to Mainstream Commerce"

Block Inc.'s Square has launched Square Bitcoin, a fully integrated payments and wallet solution enabling U.S. merchants to accept and manage Bitcoin within its ecosystem, marking a pivotal step in mainstream adoption of the cryptocurrency Square Unleashes 0% Fee Bitcoin Payments, Sending …^[1]. The service, which becomes available on November 10, 2025, offers zero processing fees for the first year and allows merchants to convert up to 50% of their daily card sales into Bitcoin Square Brings Bitcoin to Main Street with First Integrated …^[2]. This initiative, unveiled during Square's biannual product launch, combines Bitcoin Payments and Bitcoin Conversions with a built-in wallet, streamlining access to digital assets for small businesses Square Bitcoin | 0% Fee Bitcoin Payments for Businesses^[3].

Square's platform eliminates technical barriers by integrating Bitcoin functionality directly into its existing tools, such as point-of-sale systems and dashboards. Merchants can now manage Bitcoin alongside traditional fiat transactions, with options to buy, sell, hold, or withdraw cryptocurrency without leaving the Square interface Bitcoin (BTC) Payment Tools Come To Block's (XYZ) Square^[4]. Early adopters, including California-based Pink Owl Coffee, have already accumulated 142 Bitcoin through the beta version of Bitcoin Conversions, demonstrating growing interest among small businesses Square Bitcoin a ‘big test’ of BTC’s future as payments network …^[5]. The service is available nationwide except in New York, where regulatory restrictions persist Square Launches Bitcoin Payment Tools for …^[6].

The rollout aligns with broader industry trends. Market data cited by Square projects an 82% growth in U.S. cryptocurrency payment users between 2024 and 2026 Square Brings Bitcoin to 4 Million US Merchants - LinkedIn^[7]. Miles Suter, Head of Bitcoin Product at Block, emphasized the initiative's goal to bridge traditional commerce with digital currency: "We're making Bitcoin payments as seamless as card payments while giving small businesses access to financial management tools that, until now, were exclusive to large corporations," he stated Bitcoin hits new ‘all-time high’ as Square announces^[8]. Square's approach leverages the Lightning Network for near-instant, low-cost transactions, addressing historical challenges like high fees and slow settlement times Block to roll out bitcoin payments on Square^[9].

Block's Bitcoin strategy extends beyond Square, encompassing Cash App's trading features, Bitkey self-custody wallets, Proto mining services, and Spiral's open-source projects aimed at economic empowerment Square Bitcoin | 0% Fee Bitcoin Payments for Businesses^[10]. The company's stock rose 2.5% following the announcement, reflecting investor optimism about its renewed focus on Bitcoin Square Bitcoin a ‘big test’ of BTC’s future as payments network …^[11]. Meanwhile, the broader crypto payment landscape is evolving, with competitors like Google, Visa, and Mastercard also advancing stablecoin integrations and cross-border solutions Square Brings Bitcoin to Main Street With First Integrated …^[12].

Square Bitcoin's phased rollout will expand to all eligible U.S. merchants by 2026, pending regulatory approvals . The initiative positions Block as a key player in Bitcoin's transition from a speculative asset to a practical medium of exchange, a vision championed by founder Jack Dorsey for years .