Square has enabled Bitcoin payments by default for approximately 1 million U.S. merchants

According to BitcoinMagazine, Square, Block's payment platform, has opened Bitcoin payment functions by default for approximately 1 million U.S. merchants. Eligible merchants can accept BTC payments through the Lightning Network. The system completes the redemption in almost real time in the background and settles in US dollars by default. To reduce the risk of exchange rate fluctuations. This batch of automatic activation began on March 30, and during the peak period, one new merchant enabled this function every 8 seconds. Block also said that it is promoting touch-touch payment bitcoin functions based on NFC and Lightning Networks, and continues to expand bitcoin payment and self-custody related products in its ecosystem.