Block has significantly expanded its Bitcoin payment capabilities, allowing four million Square merchants to process instant Bitcoin transactions and conversions at the point-of-sale using the Lightning Network. This expansion marks a major step in Bitcoin adoption as it aims to make cryptocurrency payments as seamless as traditional options. Key benefits include the elimination of processing fees until 2027 for merchants, encouraging wider adoption of crypto within small businesses. Jack Dorsey, founder of Block and outspoken Bitcoin advocate, announced this initiative. Merchants can now receive payments in various forms including BTC to BTC, BTC to fiat, fiat to BTC, or fiat to fiat, making the process as straightforward as using a credit card. This integration is expected to significantly boost Bitcoin adoption in retail settings by leveraging existing infrastructure through its four million Square merchant base.** Block’s move intends to make Bitcoin payments as convenient and familiar as card payments, and this initiative could pave the way for increased cryptocurrency adoption within the broader market. It is important to note that regulatory approval remains a key challenge, especially in regions such as New York where Block’s services are currently unavailable due to existing legal constraints. For the latest updates on market dynamics, follow TradingView’s Twitter account.