Jack Dorsey’s Block is making it easier than ever for small businesses to enter the crypto space.
This is a significant move for Block, which aims to make Bitcoin a mainstream currency, not just an investment. With the new Square Bitcoin platform, sellers can accept Bitcoin and even convert a portion of their daily sales into crypto.
The crypto conversion of sales to Bitcoin was tested in a pilot program in 2024 and proved to be a huge success. According to Block, participating sellers had already built up a total of 142 Bitcoin by October 1, 2025. It shows there’s a real demand for this kind of service.
Miles Suter, who heads up Bitcoin Product at Block, said that this move gives small businesses powerful financial tools that were previously only available to large companies. The decision to offer zero fees for the first year is a smart way to get merchants on board and let them try out the service risk-free.
Think of it as a rocket booster for the world’s most secure digital assets. It’s building a lightning-fast Layer-2 network right on top of the Bitcoin blockchain.
By bringing the insane speed of the Solana Virtual Machine (SVM) to Bitcoin, Hyper is finally making it ready for everyday use. It will make transactions nearly instant, and cost pennies, not dollars. This isn’t just about faster payments, it’s about unlocking a whole new universe of possibilities, from DeFi to dApps.
In return, an equal amount of ‘wrapped’ Bitcoin is minted on our Layer-2 network, which you can use for all your transactions. When you’re done, you can burn the wrapped tokens and reclaim your original Bitcoin. It’s that easy.
But the real magic happens with the $HYPER token itself. It’s the engine that powers the whole system. All transactions on the network require $HYPER for gas fees, creating constant demand for the token.
By holding and staking $HYPER, you get a say in the project’s future. Staking rewards currently sit at 51%.
Please note that this is not intended as financial advice, and you should always conduct your own research before investing.
