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Square reported this Monday that it has begun rolling out Bitcoin payments across its point-of-sale terminals in the United States. The announcement was made by Miles Suter, head of Bitcoin products, with statements backed by CEO Jack Dorsey.
Square said the feature is designed to let eligible U.S. sellers accept Bitcoin automatically, with payments converted into dollars by default in daily transactions. The company also stated that sellers accepting Bitcoin will receive USD as the default payment currency.
Square said that, starting immediately, eligible U.S. sellers will begin having Bitcoin payments automatically enabled. The company described the approach as removing entry barriers for merchants by addressing volatility and custody risks, noting that funds are instantly converted into cash.
Square said it is incentivizing adoption by offering zero processing fees until 2026.
Square said the functionality is expected to be available before November 10 for all eligible merchants in the U.S., excluding New York.
The company said the move strengthens everyday payment infrastructure with digital assets and gives sellers the option to keep a portion of sales in Bitcoin. Square’s announcement also referenced the growth of crypto-backed loans at firms such as Coinbase and Nexo, framing the development as part of a broader shift toward Bitcoin being used as an everyday financial tool.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
