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Square & Block: Bitcoin Payments & Lending

Published 1 day, 10 hours ago
Description

Squares point-of-sale terminals to offer Bitcoin payments, starting November 10th, converting customer Bitcoin payments to US dollars at checkout. This move aims to make Bitcoin feel like everyday money by eliminating volatility risks and custody headaches for merchants. Zero processing fees through 2026 sweetens the deal, though New York businesses are currently excluded. Bitcoin is also gaining traction in lending, with Coinbase loans and traditional mortgage programs using crypto collateral.

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