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Square auto-enables Bitcoin for millions of US merchants, converts payments to USD with zero fees through 2026

Block-owned payments processor Square has begun automatically enabling bitcoin payments for eligible U.S. sellers, shifting acceptance from opt-in to opt-out to reduce friction for merchants.[1][3]

Mar 30, 20267:43 PMNewsroom AI

Square, the payments platform owned by Block, has moved bitcoin acceptance for eligible U.S. sellers from an opt-in model to an opt-out model, automatically enabling bitcoin payments for millions of merchants [1] [2] [3].

By default the rollout converts received bitcoin to U.S. dollars instantly for small businesses, and Square is offering zero processing fees on these bitcoin transactions through 2026, with the company handling instant conversion to cash to avoid added volatility for merchants [4] [2].

The change is presented as a way to embed bitcoin into everyday commerce without adding friction for sellers; merchants retain the ability to opt out of accepting bitcoin if they choose [1] [2].

Square’s automatic rollout expands bitcoin payment availability across its merchant base while defaulting to immediate dollar conversion and waiving fees through 2026, with opt-out controls remaining available to sellers [1] [4] [2].

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