Bitcoin (BTC) Payment Tools Come To Block's Square

Square, the payment services arm of Block, has launched new tools designed for small businesses to accept Bitcoin payments, enabling sellers to manage their digital assets alongside traditional finances. The features include zero processing fees for the first year, automatic conversion of a portion of daily card sales into Bitcoin, and a native Bitcoin wallet within Square's platform. These tools aim to make Bitcoin accessible to everyday businesses by integrating it into existing financial systems. Starting November 10, eligible U.S. businesses can utilize these features, which reflect a growing trend in crypto payments predicted to increase by 82% in the U.S. between 2024 and 2026. Square's initiative allows small businesses, such as coffee shops, to seamlessly accept Bitcoin payments and manage finances in a single dashboard, further promoting Bitcoin as a normal currency in daily transactions.

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