Square Enables Zero Fee Bitcoin Payments for US Merchants

Square has launched a revolutionary program allowing US merchants to accept Bitcoin payments without any processing fees until 2027. This expansion of Bitcoin adoption marks a significant step in making cryptocurrency more commonplace. 4 million U.S. businesses are now eligible to utilize this innovative feature, similar to how credit card transactions work. Square aims to leverage the Lightning Network for efficient Bitcoin transactions, which could increase overall usage and impact. Experts believe this initiative will accelerate Bitcoin’s adoption as a viable form of everyday currency. Key figures like Jack Dorsey have championed this integration, highlighting its potential to transform financial exchanges. 4 million US businesses are poised to benefit from this program, potentially driving increased Bitcoin transaction volumes. The move signifies more than just a technological advancement; it also signals a significant shift towards broader cryptocurrency adoption across various industries.