Square launches Bitcoin payment feature, allowing merchants to freely choose BTC or fiat settlement
Foresight News reported that, according to Square's official announcement, its Bitcoin payment feature has been officially launched. Merchants can now choose from four payment methods: BTC → BTC, BTC → fiat, fiat → BTC, or fiat → fiat. Square founder Jack Dorsey stated that this feature allows sellers to receive Bitcoin directly into their Square wallet or opt for automatic conversion and settlement in US dollars, marking the official integration of Bitcoin payments into mainstream merchant systems.
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