Block Unveils Plan to Integrate Bitcoin Payments into Square Terminals by 2026

Square, led by Jack Dorsey, is expanding its service offerings to include Bitcoin payments by integrating them into its platform. The rollout is slated for completion in 2026 and aims to provide a more accessible and inclusive financial system. This initiative reflects Block’s commitment to fostering decentralized financial systems by enabling seamless Bitcoin transactions on Square terminals. The project is spearheaded by Miles Suter, the Bitcoin Product Lead, and involves making Bitcoin payments as convenient as card transactions for both merchants and customers. 2024 saw a successful implementation of Bitcoin conversions through Block’s Cash App feature, which provided valuable insights into consumer demand and further solidified the company’s strategic direction. The integration aims to revolutionize merchant operations by providing faster and more cost-effective payment options, with regulatory approvals being key before full rollout.