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.

Read the full article here.

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