Bitcoin payments at checkout are now automatically enabled on the Square network — and this is about adoption, not price.
Facts: Square (Block’s payments platform) completed its Bitcoin payments rollout on Tuesday, Nov. 10 (PYMNTS & CryptoBriefing, Nov. 11). The rollout began on Mar. 30, 2026, and is now automatically enabled for eligible U.S. merchants, with no signup required. Customers pay through the Lightning Network, while merchants receive U.S. dollars by default — and can keep up to 50 percent of their daily sales in BTC. Fees are 0 percent through Dec. 31, 2026, then 1 percent starting Jan. 1, 2027. Limits are about $600 per transaction and $20,000 per day; New York and some other regions are excluded.
My opinion: the figure of 4 million merchants represents potential reach, not active users — no actual transaction figures have been disclosed yet. What matters here is that the classic barriers (volatility and merchant-side custody) have been removed through automatic dollar settlement. But the real test only begins on Jan. 1, when the 1 percent fee kicks in: will merchants keep it enabled once the promotion ends? BTC itself is still around $73,500, so the market hasn’t reacted to this news as a price catalyst.
What I’m watching: initial usage figures if Block discloses them, and whether merchants disable or keep this feature after Dec. 31.
Do you think paying with Bitcoin at checkout will become routine, or remain an option that’s rarely used?
This is my analysis, not financial advice — always DYOR.
#Bitcoin #AdopsiKripto $BTC
Facts: Square (Block’s payments platform) completed its Bitcoin payments rollout on Tuesday, Nov. 10 (PYMNTS & CryptoBriefing, Nov. 11). The rollout began on Mar. 30, 2026, and is now automatically enabled for eligible U.S. merchants, with no signup required. Customers pay through the Lightning Network, while merchants receive U.S. dollars by default — and can keep up to 50 percent of their daily sales in BTC. Fees are 0 percent through Dec. 31, 2026, then 1 percent starting Jan. 1, 2027. Limits are about $600 per transaction and $20,000 per day; New York and some other regions are excluded.
My opinion: the figure of 4 million merchants represents potential reach, not active users — no actual transaction figures have been disclosed yet. What matters here is that the classic barriers (volatility and merchant-side custody) have been removed through automatic dollar settlement. But the real test only begins on Jan. 1, when the 1 percent fee kicks in: will merchants keep it enabled once the promotion ends? BTC itself is still around $73,500, so the market hasn’t reacted to this news as a price catalyst.
What I’m watching: initial usage figures if Block discloses them, and whether merchants disable or keep this feature after Dec. 31.
Do you think paying with Bitcoin at checkout will become routine, or remain an option that’s rarely used?
This is my analysis, not financial advice — always DYOR.
#Bitcoin #AdopsiKripto $BTC