Approximately 4 million US sellers who are eligible under Square’s criteria have now been automatically enabled for Bitcoin payments, marking a move away from the previous opt-in approach to an opt-out model.

The new configuration allows merchants receiving Bitcoin payments to be settled directly in USD. This currency conversion process is handled internally without additional fees being incurred by the sellers, who maintain full control over their settings and can easily revert or adjust them at any time.

Square initially introduced Bitcoin payments for all US sellers in November 2025 after a period of testing and phased deployment. Previously, merchants had to manually activate this feature. The current rollout is expected to encompass all eligible US merchants within about a month from the initial launch.

This shift underscores Square’s broader strategy of integrating Bitcoin functionality more deeply into its core commerce infrastructure instead of presenting it as an optional add-on. By making Bitcoin payment acceptance default and automating the USD settlement, Square aims to lower both operational and conceptual hurdles for sellers who might be unfamiliar with handling cryptocurrencies.

Block’s Broader Initiative on Bitcoin

This update aligns with a wider set of initiatives by Block that include enabling users to buy and sell Bitcoin via Cash App, as well as providing dedicated hardware wallets and a modular mining system. These efforts reflect the company’s growing focus on digital assets, while maintaining an active presence in the Bitcoin market.

Alongside introducing stablecoin support within Cash App, these developments underscore Block’s commitment to embracing multiple forms of digital currency without abandoning its core Bitcoin strategy. Both initiatives are part of a comprehensive approach aimed at expanding the ecosystem for various types of digital assets.

The automatic introduction of Bitcoin payments could significantly increase the number of US businesses capable of accepting cryptocurrencies directly from consumers, even if current usage levels have yet to be determined. The absence of transaction fees and the automatic USD settlement suggest that this feature is designed to streamline the process rather than generate revenue through payment processing itself.