BLOCK TO ROLL OUT BITCOIN PAYMENTS ON SQUARE

Summary from the TLDR Crypto newsletter

Block's Square Point of Sale app will integrate Lightning Network bitcoin payments, allowing merchants to accept near-instant, low-cost transactions via QR codes on Square hardware. The feature is slated to roll out in the second half of 2025 and reach all eligible sellers in 2026, pending regulatory approvals. Behind the scenes, Square handles real-time exchange-rate calculations and payment confirmations, simplifying the checkout experience. This launch builds on 2024's Bitcoin Conversions and complements Block's bitcoin ecosystem, including Cash App's trading features, the Bitkey self-custody wallet, Proto mining tools, and Spiral funding.