Square Unleashes 0% Fee Bitcoin Payments, Sending Block Stock to an 8-Month High

Square, a subsidiary of Jack Dorsey’s Block Inc., announced a major step toward mainstream Bitcoin adoption on Wednesday with the launch of Square Bitcoin, a fully integrated payments and wallet solution that allows more than four million ￰1￱ to accept and manage Bitcoin directly within the Square ￰2￱ new feature will enable businesses to process Bitcoin payments starting November 10, 2025, with zero fees for the first year and instant settlement options in either Bitcoin or ￰3￱ said merchants can also automatically convert up to 50% of their daily card sales into Bitcoin, helping them diversify their savings without leaving the ￰4￱ service will be available nationwide except in New York, where regulatory restrictions remain in ￰5￱ Bitcoin Debuts, Letting Merchants Accept, Convert, and Hold BTC in One Platform The launch, unveiled during the company’s Square Releases event, marks a major milestone in Block’s long-running Bitcoin ￰6￱ Bitcoin combines two core features, Bitcoin Payments and Bitcoin Conversions, alongside a built-in wallet that allows users to buy, sell, hold, and withdraw Bitcoin within their Square ￰7￱ the ecosystem with @Square has been the dream since we launched bitcoin in @CashApp in 2018 Starting today, all merchants can now seamlessly stack bitcoin behind the scenes from their daily sales Bitcoin Payments Acceptance will be live for everyone on November 10 ￰8￱ — Miles (@milessuter) October 8, 2025 Miles Suter, Head of Bitcoin Product at Block, described the rollout as a key moment in bridging 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,” Suter said. “Square is uniquely positioned to make Bitcoin everyday money, not just a store of value.” The move comes amid a broader industry shift toward digital currency use in everyday ￰9￱ 2024 and 2026, ￰10￱ payment users are projected to grow by more than 80%, according to market data cited by ￰11￱ company said the new system will simplify Bitcoin adoption for local businesses by removing the need for technical expertise and offering an all-in-one platform for both fiat and Bitcoin transactions.

Block’s Bitcoin initiatives extend beyond ￰12￱ company also operates Cash App’s Bitcoin trading feature, Bitkey, a self-custody Bitcoin wallet, and Proto, a suite of Bitcoin mining ￰13￱ open-source division, Spiral, funds development projects aimed at advancing Bitcoin’s use as a tool for economic ￰14￱ the beta rollout of Bitcoin Conversions in 2024, participating merchants have collectively accumulated 142 Bitcoin as of October 1, ￰15￱ adopters, such as California-based Pink Owl Coffee, have reported using the feature to build long-term reserves directly through daily ￰16￱ announcement coincided with the Bitcoin Conference 2025 in Las Vegas, where Square demonstrated real-time Bitcoin payments through the Lightning Network at the BTC ￰17￱ store .

Dorsey, who has championed Bitcoin integration for years, said on X that merchants will be able to choose whether to hold Bitcoin or auto-convert it to fiat instantly. Block’s phased rollout will begin in late 2025 and expand to all eligible merchants by 2026, pending regulatory ￰18￱ the announcement, Block’s stock rose 2.5% to $81, its highest level since February, reflecting investor optimism around the company’s renewed Bitcoin push.) September 16, 2025 Visa has begun testing cross-border payments funded with stablecoins through Visa Direct, while Mastercard continues to integrate crypto via on-ramp services and crypto-backed ￰19￱ real estate, Opendoor Technologies confirmed it will accept Bitcoin and other cryptocurrencies for home purchases , targeting crypto-wealthy buyers seeking tangible assets amid Bitcoin’s surge to $125,000.

Adoption is also rising ￰20￱ Wallet integrated Brazil’s Pix system , enabling crypto payments via QR codes, and Finastra partnered with Circle to connect banks to USDC ￰21￱ launched TouristDigiPay, letting visitors spend converted crypto , while MoonPay acquired Meso Network to enhance cross-border ￰22￱ systems are evolving ￰23￱ began testing on-chain messaging and payments using Ethereum’s Linea network, marking its first major step toward blockchain ￰24￱ ( @swiftcommunity ) has tested Ethereum stablecoin payments with @ConsenSys ’ Linea, exploring blockchain use in cross-border financial messaging. #Ethereum #Stablecoins #swift ￰0￱ — ￰25￱ (@cryptonews) September 26, 2025 Even payment platforms like Stripe and PayPal are expanding into stablecoins, with Triple-A adding PayPal’s token to its supported assets.