Square has broadened its cryptocurrency offerings, enabling over 4 million US merchants (excluding New York) to accept Bitcoin payments via the Lightning Network. This marks a significant step toward mainstream adoption of crypto in everyday commerce. The company announced this move on November 10th, 2025, and cites zero processing fees for transactions until 2027 as an incentive for small businesses. 4 million US merchants can now seamlessly accept Bitcoin (BTC) at checkout. This follows a wave of blockchain payments initiatives, including Ripple’s RLUSD pilot for fiat settlements and the Blockchain Payments Consortium (BPC), which aims to standardize stablecoin transactions across various blockchains. Square has integrated its Bitcoin Payments directly into its point-of-sale system, powered by the Lightning Network for instant settlement. This new feature offers merchants flexibility in settling payments, allowing them to choose between BTC or USD. 4 million US merchants are now able to settle their purchases using bitcoin in fiat currency with no transaction fees until January 2027, followed by a flat 1% fee after that date. The system offers instant settlement, automatic reporting and integrated tax tracking for seamless merchant operations. Square CEO Jack Dorsey confirmed the new feature on X, highlighting interoperability between crypto and traditional payment options. With Bitcoin’s fast, secure, and irreversible nature, Square has simplified transactions, eliminating chargebacks and offering a practical way to conduct business without relying on card networks or banks. This move signifies a shift toward mainstream adoption of blockchain payments and integration of digital currency into the everyday commerce landscape. This rollout comes at a time when regulators and banks are increasingly looking towards blockchain settlement as a more efficient and secure alternative to traditional methods.