Square has announced the rollout of Bitcoin payments through the Lightning Network to 4 million merchants across the United States. This initiative allows for instant settlement of transactions and offers zero processing fees until 2027, making it an attractive option for businesses looking to integrate cryptocurrency payments. The move is expected to significantly enhance the adoption of Bitcoin in everyday transactions, leveraging the speed and cost-effectiveness of the Lightning Network.
Square Launches Bitcoin Payments via Lightning for 4M US Merchants
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