The Jack Dorsey (XYZ) square began the deployment of Bitcoin payments for merchants on its network.
Square began to integrate the first sellers, allowing them to accept BTC payments fed by the Lightning network with customers, Owen Jennings, Managing Director of the Square Block parent company (XYZ), published Tuesday on X.
Payments are set in real time using Bitcoin Layer-2 lightning, with Square Treatment of exchange in Fiat.
Square plans to provide service available to all merchants using its sales platform by next year.
The company piloted the system during the Bitcoin 2025 conference in Las Vegas in May, allowing participants to make BTC shopping by scanning a barcode.
Square considers lightning to be fundamental for its plans to accelerate the adoption of Bitcoin payments, which has been emptied historically by slow speeds.
Lightning is tackling this by creating micropaie channels that can treat transactions far from the main bitcoin blockchain.
