Block Inc. Launches Bitcoin Payments for 4 Million Merchants via Lightning Network

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As reported by TheCCPress, Block Inc. is launching a Bitcoin payment system across its Square network, enabling over four million US merchants to accept Bitcoin via the Lightning Network. The initiative, led by CEO Jack Dorsey, includes waiving processing fees for Bitcoin transactions until 2027 to encourage adoption. Merchants will be able to accept BTC by updating their settings, marking a significant step in Bitcoin's integration into mainstream commerce.

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