Square has launched a new feature that automatically enables Bitcoin payments for millions of U.S. merchants, converting transactions to U.S. dollars instantly at checkout. This initiative allows merchants to accept Bitcoin without additional setup, avoiding price volatility and custody risks. The service includes near-instant settlement and waives processing fees until 2026, facilitating seamless integration of Bitcoin into everyday commerce. Square's move follows PayPal's recent introduction of its dollar-stablecoin PYUSD, highlighting the growing trend of digital payment adoption.
Square Enables Bitcoin Payments for U.S. Merchants with Instant Dollar Conversion
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