Square Reveals Zero-Fee Bitcoin Payments Program as $HYPER Scales Bitcoin for the Future

Ethereum Ha un Problema Fondamentale, Avverte il Cyberpunk Nick Szabo

October 9, 2025

Luksemburg inwestuje w Bitcoina przez fundusz państwowy

October 9, 2025

Published by BITMAIN ANTMINER on October 9, 2025

Tags

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Quick Facts:

1️⃣ Block’s Square platform is launching a new service that allows small businesses to accept Bitcoin payments directly.
2️⃣ Merchants can convert a portion of their daily sales into crypto.
3️⃣ In a pilot program, participating sellers had built up a total of 142 Bitcoin by October 1, 2025.
4️⃣ The service is available nationwide, but not in New York due to state regulations.

Jack Dorsey’s Block is making it easier than ever for small businesses to enter the crypto space.

The company’s Square platform is rolling out a new service that allows merchants to accept Bitcoin payments directly. The goal is to make using Bitcoin as simple as swiping a credit card.

This is a significant move for Block, which aims to make Bitcoin a mainstream currency, not just an investment. With the new Square Bitcoin platform, sellers can accept Bitcoin and even convert a portion of their daily sales into crypto.

Square Bitcoin landing page

The crypto conversion of sales to Bitcoin was tested in a pilot program in 2024 and proved to be a huge success. According to Block, participating sellers had already built up a total of 142 Bitcoin by October 1, 2025. It shows there’s a real demand for this kind of service.

For the first year, they’ll be able to do this with no transaction fees. The new platform also includes a built-in wallet, allowing businesses to manage their new Bitcoin holdings directly from their existing Square dashboard.

Miles Suter, who heads up Bitcoin Product at Block, said that this move gives small businesses powerful financial tools that were previously only available to large companies. The decision to offer zero fees for the first year is a smart way to get merchants on board and let them try out the service risk-free.

The launch also shakes up the payments industry. It puts pressure on other major players, such as PayPal, Visa, and Stripe, to enhance their own crypto offerings. By offering native Bitcoin support, Square is pushing the mainstream industry toward a more decentralized future.

X post sharing announcement that Bitcoin's going mainstream

While the service is available nationwide, it won’t be in New York due to state regulations. However, investors can still participate in Bitcoin Hyper ($HYPER), a project aiming to scale up $BTC to its full potential.

Unlock Bitcoin’s Full Potential with Bitcoin Hyper ($HYPER)

Ever feel like Bitcoin is a bit … slow? And those transaction fees can be a real buzzkill. Well, Bitcoin Hyper ($HYPER) is here to upgrade the OG digital currency.

Think of it as a rocket booster for the world’s most secure digital assets. It’s building a lightning-fast Layer-2 network right on top of the Bitcoin blockchain.

Layer 2 explanation

By bringing the insane speed of the Solana Virtual Machine (SVM) to Bitcoin, Hyper is finally making it ready for everyday use. It will make transactions nearly instant, and cost pennies, not dollars. This isn’t just about faster payments, it’s about unlocking a whole new universe of possibilities, from DeFi to dApps.

The industry has already taken notice. Bitcoin Hyper’s ($HYPER) presale has raised over $22M. This isn’t just an upgrade; it’s a total game-changer for the entire Bitcoin ecosystem, turning it from a static asset into a dynamic powerhouse for the future of Web3. Our experts predict it could reach a high of $0.32 by the end of 2025.

The $HYPER Ecosystem: A World of Benefits Awaits

When you want to use your Bitcoin on the Hyper network, you use a ‘Canonical Bridge.’ You send your Bitcoin to a special address, where it’s securely locked on the main chain.

In return, an equal amount of ‘wrapped’ Bitcoin is minted on our Layer-2 network, which you can use for all your transactions. When you’re done, you can burn the wrapped tokens and reclaim your original Bitcoin. It’s that easy.

But the real magic happens with the $HYPER token itself. It’s the engine that powers the whole system. All transactions on the network require $HYPER for gas fees, creating constant demand for the token.

By holding and staking $HYPER, you get a say in the project’s future. Staking rewards currently sit at 51%.

Please note that this is not intended as financial advice, and you should always conduct your own research before investing.

Authored by Ben Wallis, Bitcoinist — https://www.bitcoinist.com/square-reveals-zero-fee-bitcoin-payments-program-hyper-cales-btc

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

ANTMINER™ TEAM 𝓟𝓻𝓸