Jack Dorsey’s Square has begun automatically enabling bitcoin payments for millions of eligible U.S. small businesses. The feature converts Bitcoin to U.S. dollars at checkout, eliminating volatility risk and simplifying adoption.
Square’s move marks a major step toward mainstream crypto adoption, positioning bitcoin as everyday money. CEO Jack Dorsey confirmed the rollout with a simple "today" comment.
The company also noted that the feature includes instant settlement and zero processing fees through 2026. Miles Suter, Block’s head of bitcoin product, said the initiative is a long-term journey toward making bitcoin a foundational layer for value transfer.
Industry leaders, such as David Marcus, compared Square’s effort to the TCP/IP moment for the internet, highlighting its potential to reshape global financial infrastructure.
This shift reflects a broader trend toward simplifying crypto for mainstream use, especially as stablecoins gain institutional traction. Square's approach removes friction for small businesses, focusing on ease of use rather than crypto complexity.
The rollout underscores Bitcoin’s growing role in real-world commerce, with Square aiming to embed it deeply into current payment systems.