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Reading: Jack Dorsey’s Square Unleashes Bitcoin Payments for Merchants – Best Wallet Powers Crypto Future
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The cryptonews hub > Blog > Market > Jack Dorsey’s Square Unleashes Bitcoin Payments for Merchants – Best Wallet Powers Crypto Future
Market

Jack Dorsey’s Square Unleashes Bitcoin Payments for Merchants – Best Wallet Powers Crypto Future

Crypto Team
Last updated: July 23, 2025 9:34 pm
Crypto Team
Published: July 23, 2025
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wp header logo 845 Jack Dorsey’s Square Unleashes Bitcoin Payments for Merchants – Best Wallet Powers Crypto Future

Square, the payment powerhouse led by tech mogul Jack Dorsey, has just made waves by enabling select merchants to accept Bitcoin ($BTC) as a payment option.

Even better? It’s available to everyone, right now. So, if you’re itching to put your Bitcoin to work, Best Wallet has you covered.

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Square has launched $BTC payments across its existing point-of-sale systems. But until a full rollout becomes available in 2026, only a select group of merchants can benefit from the advancement.

Once fully deployed, 4M US merchants can accept $BTC for everyday purchases – coffee, clothes, or a vacation.

It settles Lightning Network transactions within seconds and for less than a cent. This makes it a more cost-friendly than regular $BTC transfers, which can cost $1–$20, depending on network congestion.

Compared to credit card processing fees, which cost 1.5%–3.5%, $BTC payments through Square are far cheaper.

Another added benefit is that it allows merchants to either hold the $BTC they receive or convert it to US dollars immediately.

It currently supports major blockchains, including Bitcoin, Ethereum, BNB Chain, and Solana. However, it plans to expand to over 60 networks soon, allowing you to easily spend and manage over 1K digital assets – including $BTC – from the mobile app.

Unlike many other crypto wallets, it goes beyond just a simple digital asset storage solution. It offers powerful tools for buying, storing, swapping, and staking digital assets.

Just look at its feature ‘Powered by Rubic,’ for instance. You can easily exchange your crypto across multiple blockchains.

And there’s more to come. Best Wallet is set to launch Best Card, a crypto debit card that’ll enable you to spend your crypto assets effortlessly while on the go.

It’s no wonder Best Wallet is already gaining traction, with $BEST having raised over $14M on presale and showing no signs of slowing down.

Square’s Bitcoin integration marks a significant milestone in bringing crypto payments to the mainstream.

But you don’t have to wait until 2026 to spend $BTC on everyday goods. Best Wallet is already here, and it’s got the tools to enable you to pay, store, and manage $BTC – plus 1K+ other digital assets – while out and about.

This isn’t investment advice. Always DYOR and never spend more than you can risk losing.

source

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