Key Takeaways:
- Square now allows U.S. merchants to accept and manage Bitcoin payments with no processing fees until 2027.
- The service includes a built-in wallet for buying, selling, and storing Bitcoin directly through Square’s dashboard.
- This move aligns with Block Inc.’s pro-Bitcoin strategy and broader crypto adoption trends supported by regulatory shifts and AI integration.
Square, the payment platform under Jack Dorsey’s Block Inc., has launched a new feature allowing U.S.-based merchants to accept Bitcoin at checkout.
The service includes a built-in wallet that lets businesses hold, manage, buy, sell, and withdraw Bitcoin directly through Square’s dashboard.
JUST IN: Jack Dorsey's Square introduced a #Bitcoin wallet solution to enable local businesses to accept BTC payments with zero fees.
— Bitcoin Magazine (@BitcoinMagazine) October 8, 2025
Bullish 🚀 pic.twitter.com/giHUcQTLLr
For now, the feature is limited to U.S. merchants, excluding New York State, but international expansion may follow.
Square is waiving all transaction fees until 2026, with a 1% processing fee set to begin on January 1, 2027.
With over 4 million businesses using Square’s payment tools, this move could accelerate Bitcoin’s mainstream adoption for everyday transactions.
The launch aligns with Block Inc.’s broader cryptocurrency strategy and Dorsey’s long-standing support for Bitcoin.
Dorsey has already introduced Bitcoin features in Cash App and is developing an open-source Bitcoin mining system aimed at reducing costs.
Block Inc. currently holds 8,692 BTC, placing it among the top public corporate Bitcoin holders.
Square also cited research projecting an 82% rise in U.S. crypto payment usage by 2026.
Broader trends, such as AI-driven financial tools and PayPal’s expanded crypto services, reflect a growing shift toward digital currency integration within mainstream finance.
About The Author
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
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