As reported by CryptoSlate, Block has enabled Bitcoin payments across its Square merchant network, allowing approximately 4 million sellers to accept Lightning Network payments at the point of sale. The service offers 0% processing fees until 2027, followed by a 1% fee, and allows merchants to settle in Bitcoin or convert to USD. The move could reshape Bitcoin liquidity and Lightning adoption, with Block positioned as a central hub for mainstream Bitcoin transactions.
Block Enables 0% Bitcoin Payments for 4M Square Merchants via Lightning Network
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