Square Initiates Real-Time Bitcoin Payments in Las Vegas

Square, owned by Block Inc., began a real-time Bitcoin payments pilot program at the Bitcoin 2025 conference in Las Vegas, happening between May 27-29, 2025.

This initiative signifies a major effort in integrating Bitcoin within mainstream payment systems, potentially affecting market practices and merchant experiences.

At the Bitcoin 2025 conference, Block Inc.’s Square launched a pilot for real-time Bitcoin payments. This initiative aims to enhance Bitcoin’s role in daily transactions and economic empowerment for merchants.

Led by CEO Jack Dorsey, Block Inc. is focused on Bitcoin’s integration. They initiated this pilot to enable near-instantaneous Bitcoin transactions using Square hardware, aiming for a broad rollout by 2026.

“Block has long been a champion of bitcoin, focused on making it more accessible and usable in our everyday lives. Rolling out a native bitcoin experience to millions of sellers brings us one step closer to that goal. When a coffee shop or retail store can accept bitcoin through Square, small businesses get paid faster, and get to keep more of their revenue. This is about economic empowerment for merchants who like to have options when it comes to accepting payments.” — Miles Suter, Bitcoin Product Lead, Block, Inc.

Square’s pioneering step improved Block’s stock valuation. The pilot influenced market perceptions, demonstrating confidence in mainstream Bitcoin applications. Merchants see potential benefits from faster payments and reduced transaction fees, indicating a promising future for cryptocurrency transactions.

The Bitcoin payment pilot fosters technological growth, presenting a significant financial opportunity. Utilizing the Lightning Network addresses transaction speed and cost, paving the way for expanded Bitcoin use in retail environments.

Square’s latest move reflects an ongoing trend to normalize Bitcoin in commerce. Their 2024 Bitcoin Conversions feature laid the groundwork for this broader integration effort.

Kanalcoin analysts suggest that integrating Bitcoin in mainstream retail could reshape financial transactions. By analyzing trends, experts forecast a broader acceptance due to enhanced transaction efficiency and economic inclusivity.