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Square Launches 'Square Bitcoin' With Zero‑Fee BTC Payments and Integrated Wallet

The company positions the suite to make Bitcoin feel like everyday money for local businesses by removing extra steps and tools.

Overview

  • The product lets sellers accept Bitcoin at checkout, hold BTC in a built‑in wallet, or automatically convert a portion of sales to Bitcoin inside the Square dashboard.
  • Bitcoin Payments for U.S. sellers are scheduled to go live on November 10, 2025, according to the company.
  • Zero processing fees apply to Bitcoin payments for the first year, with buying, selling, and custody handled within Square’s interface.
  • Block’s Miles Suter said the goal is to make Bitcoin payments as seamless as card transactions and to support use on both sides of the counter via Square and Cash App.
  • The launch expands on Square’s 2024 conversion tool and is presented as a way to cut friction for merchants, though real‑world adoption and cost benefits remain unproven.