Block-owned payment processor Square has begun enabling Bitcoin payments on its point-of-sale systems for eligible U.S. merchants, with auto-activation going live Monday as part of a phased rollout over the next month.
The update—announced on X by Miles Suter, Block’s Bitcoin product lead, and later succinctly reshared by vocal Bitcoin maximalist Jack Dorsey—is expected to impact around 4 million merchants.
“Starting today, eligible U.S. Square sellers will begin having Bitcoin payments automatically enabled. Sellers who accept Bitcoin will receive USD as default,” said Suter.
Framing the change as a push toward “Bitcoin as everyday money,” he added that the feature should be available to all Square merchants by Nov. 10.
This means businesses can now accept Bitcoin effortlessly, with no added setup and automatic conversion into U.S. dollars at checkout. Square noted in a separate post that the rollout includes near-instant settlement and zero processing fees for accepting BTC, valid through 2026.
 
Per Square’s website, the rollout is limited to verified U.S. merchants, with New York–based businesses currently not included.
Notably, businesses retain full control over the feature and can opt out or modify their settings if they do not wish to accept Bitcoin payments.
The rollout expands on Square’s Bitcoin payments feature, introduced to all sellers last November after a period of testing and a gradual rollout, and signals a key change: BTC payments are now embedded in existing systems, removing the need for merchants to opt in.
That being said, Square’s integration may meaningfully expand Bitcoin’s everyday use by bringing payment tools into platforms already used by millions of small businesses, rather than targeting only crypto-native users.
Meanwhile, Block ranks as the 14th-largest publicly traded Bitcoin holder, with 8,883 BTC on its balance sheet, per data from BitcoinTreasuries.net.
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