Jack Dorsey’s Block, that payment wizard behind Square and Cash App, launching a slick Bitcoin wallet tailored just for small businesses.
It’s called Square Bitcoin, and starting November 10, it lets merchants using Square point-of-sale systems take Bitcoin payments and effortlessly stash a chunk of their daily sales into Bitcoin.
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No processing fees
U.S. sellers, sorry, New York’s in the penalty box, and no overseas access yet, can now roll Bitcoin transactions right into their sales flow.
Up to half their daily takings can go into Bitcoin, automatically or on demand, managed from the same Square dashboard they already know and love.
And guess what? There are no processing fees until at least 2026. After that, they’ll charge a modest 1% on transactions starting January 1, 2027. Free crypto rides don’t last forever, after all.
Miles Suter, Block’s head honcho for Bitcoin products, plays this like a smooth DJ spinning the track of the future.
He tells us Block’s apps are here to make Bitcoin payments as slick and easy as swiping a credit card, putting small businesses on the same financial level as big corporations, financial empowerment for the little guys, wrapped up in digital gold.
Everyday money
Block’s dual power play between Square and Cash App is not just for show.
It’s prepping the battleground to make Bitcoin an everyday currency, where merchants aren’t just accepting Bitcoin but living in it.
And investors caught the vibe, too, Block’s shares popped 2.6% on the announcement day, signaling Wall Street’s thumbs-up.
It’s a giant leap for mainstream crypto adoption, branded as “Simplifying Bitcoin for Main Street.”
Jack Dorsey, the longtime Bitcoin buff, envisions this as a step toward the future he’s been tweeting about for years, making Bitcoin the backbone of everyday money life.
Crypto’s killer app
Numbers back up this bullish bet. U.S. crypto payments are set to skyrocket 82% between 2024 and 2026, according to eMarketer’s crystal ball.
And there’s a new YouGov survey shows consumers in the U.S. and U.K. are increasingly seeing payments as crypto’s killer app.
So, if the future feels like a psychedelic theme-park rollercoaster barreling towards crypto as common currency, Block’s Square Bitcoin wallet just installed the seatbelt for small businesses.
It’s the front door to the next-gen payments future. Ready, set, Bitcoin.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: October 10, 2025 • 🕓 Last updated: October 10, 2025
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