Share this article
Square Pilots Real-Time Bitcoin Payments in Vegas, Plans Full Availability to Customers in 2026
The feature would still need regulatory approval in order to be made available to all customers.
Updated May 28, 2025, 2:32 p.m. Published May 27, 2025, 8:05 p.m.
What to know:
- Square is piloting bitcoin payments via the Lightning Network at Bitcoin 2025 in Las Vegas.
- Attendees can buy goods by scanning a barcode, with near-instant settlement handled by the Lightning Network and Square.
- The company aims to roll out the feature broadly by 2026, pending regulatory approval.
Jack Dorsey’s Square has taken bitcoin payments a step further at the Bitcoin 2025 conference in Las Vegas this week.
STORY CONTINUES BELOW
For three days, the company is piloting a program where attendees can make purchases with their bitcoin by scanning a barcode. Payments are then settled in near real-time via the Lighting Network while Square handles real-time exchange rate calculations and confirmation notifications, according to a press release.
Square hopes to make the feature available to a broader audience later this year and to all customers by 2026, pending regulatory approval.
“We believe in an open, decentralized, fair, fast, and low-cost money system for everyone, and that’s exactly what we want to bring to Square sellers,” said Miles Suter, Bitcoin Product Lead at Block (XYZ), the parent company of Square.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
El Salvador Partners with Elon Musk’s Grok in AI-Powered Education for 1M Students
The nation that first adopted bitcoin as legal tender is looking to pioneer AI-powered education in 5,000 Salvadoran schools with xAI’s Grok
What to know:
- El Salvador is partnering with Elon Musk's xAI to launch the world's first national AI-powered public education system.
- The initiative will deploy xAI's Grok chatbot to over 5,000 public schools, benefiting more than a million students and thousands of teachers.
- The project aims to create new AI datasets and frameworks for education, focusing on local context and responsible AI use.
Top Stories
