Jack Dorsey’s Square has taken bitcoin BTC payments a step further at the Bitcoin 2025 conference in Las Vegas this week.
For three days, the company is piloting a program where attendees can make purchases with their bitcoin by scanning a barcode. Payments are then settled in near real-time via the Lighting Network while Square handles real-time exchange rate calculations and confirmation notifications, according to a press release.
Square hopes to make the feature available to a broader audience later this year and to all customers by 2026, pending regulatory approval.
“We believe in an open, decentralized, fair, fast, and low-cost money system for everyone, and that’s exactly what we want to bring to Square sellers,” said Miles Suter, Bitcoin Product Lead at Block (XYZ), the parent company of Square.
The feature would still need regulatory approval in order to be made available to all customers. Tech, Square, Block, News CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
