Square, the payment platform of Block, has surpassed one million merchants accepting Bitcoin payments, marking significant growth in retail and offline payment scenarios. This expansion follows the introduction of a default enrollment mechanism on March 30, which automatically enables Bitcoin payments for eligible U.S. sellers, though they can opt out. The system utilizes the Bitcoin Lightning Network, allowing users to pay with BTC while merchants receive USD, mitigating Bitcoin price volatility risks. At the Bitcoin Conference in Las Vegas, Block outlined plans to enhance Bitcoin's role as a daily payment tool. Initiatives include a "tap-to-pay" feature using NFC hardware, eliminating QR codes, with transaction fees waived until the end of 2026. Additionally, Block is integrating Bitcoin into more products, such as Cash App, which offers Bitcoin cashback and automatic BTC conversion for peer-to-peer payments. Block's reserve proof report reveals it holds 28,355.05 BTC, valued at approximately $2.2 billion.