What You Need to Know

• Square is piloting bitcoin payments via the Lightning Network at the Bitcoin 2025 conference in Las Vegas.
• Participants can make purchases by scanning a barcode, with transactions nearly instant due to the Lightning Network.
• The feature is expected to be available to a larger audience later this year and to all customers by 2026, awaiting regulatory approval.

Square’s actions reflect its commitment to promoting a decentralized, efficient, and accessible financial system. “We believe in an open, decentralized, fair, fast, and low-cost money system for everyone, and that’s exactly what we want to bring to Square sellers,” said Miles Suter, Bitcoin Product Lead at Block.