Square Begins Rollout of Bitcoin Payments for Sellers, Targets Full Availability by 2026 (CoinDesk)
“Payments are settled in real-near time using Bitcoin layer-2 Lightning, with Square processing the exchange into fiat.
Square has begun the rollout of bitcoin payments to merchants on its network.
The Jack Dorsey-founded company has begun onboarding the first sellers enabling them to accept Lightning Network-powered BTC payments from customers.
Square plans to make the service available to all merchants using its sales terminals by next year.