Square to Revolutionize Bitcoin Payments: Global Expansion with No Fees Until 2027

Square is taking a giant leap forward in the world of Bitcoin payments. The company will expand its service globally, focusing on the US market first before expanding by 2026. Key features include eliminating merchant fees until 2027 and integrating Bitcoin using the Lightning Network for fast and affordable transactions worldwide. This expansion aims to make Bitcoin more accessible like traditional payment methods, boosting adoption among small businesses and encouraging them to hold Bitcoin in their treasury. Square’s CEO, Jack Dorsey, believes this move will align Bitcoin accessibility with traditional payments, leveraging his leadership to drive these changes.