Episode Details

Square revolutionizes payments by automatically enabling bitcoin for eligible small businesses, converting it to USD at checkout with no fees. This move, part of their broader Bitcoin push, simplifies crypto integration for merchants, shielding them from price volatility and custody issues. The announcement sparked excitement, with industry leaders comparing it to the TCP/IP moment for cash. Squares U.S.-focused approach contrasts with PayPals global stablecoin rollout, as Dorseys company aims to make Bitcoin accessible for small shops.

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