Zero-Fee Bitcoin Payments Program From Square as $HYPER Scales $BTC

Source Bitcoinist
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%.

Buy your $HYPER for $0.013085, but hurry, as a price increase is imminent.

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

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

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin drops below $110K ahead of $22B options expiry; altcoins tumbleBitcoin fell below the $110,000 mark on Friday, heading for a steep weekly loss as nearly $22 billion in cryptocurrency options were set to expire. The drop also comes as traders await key U.S. inflation data that could influence the Federal Reserve’s policy outlook.
Author  Mitrade
Sept 26, Fri
Bitcoin fell below the $110,000 mark on Friday, heading for a steep weekly loss as nearly $22 billion in cryptocurrency options were set to expire. The drop also comes as traders await key U.S. inflation data that could influence the Federal Reserve’s policy outlook.
placeholder
Tesla set to beat Q3 delivery estimates on robust U.S. and China demand, says RBCTesla (NASDAQ: TSLA) is on track to exceed market expectations for third-quarter deliveries, driven by stronger sales momentum in both the United States and China, according to RBC Capital Markets. The firm projects 456,000 vehicle deliveries for Q3, compared with consensus forecasts of 440,000 (Visible Alpha) and 448,000 (FactSet).
Author  Mitrade
Sept 26, Fri
Tesla (NASDAQ: TSLA) is on track to exceed market expectations for third-quarter deliveries, driven by stronger sales momentum in both the United States and China, according to RBC Capital Markets. The firm projects 456,000 vehicle deliveries for Q3, compared with consensus forecasts of 440,000 (Visible Alpha) and 448,000 (FactSet).
placeholder
Dollar Weakens and Stocks Stall as Gold Rises Ahead of Fed DecisionOn Wednesday, global markets saw the dollar weaken, shares dip slightly, and gold rise to new highs as investors prepared for the Federal Reserve’s anticipated interest rate cut later in the day.
Author  Mitrade
Sept 17, Wed
On Wednesday, global markets saw the dollar weaken, shares dip slightly, and gold rise to new highs as investors prepared for the Federal Reserve’s anticipated interest rate cut later in the day.
placeholder
Key Challenges Ahead for US-China TikTok Ownership DealA newly announced framework agreement between the United States and China aims to shift TikTok’s ownership to U.S. control, raising numerous questions and challenges.
Author  Mitrade
Sept 17, Wed
A newly announced framework agreement between the United States and China aims to shift TikTok’s ownership to U.S. control, raising numerous questions and challenges.
placeholder
Oil Prices Rise Following Attacks on Russian Energy Infrastructure Oil prices climbed further on Monday as markets reacted to Ukrainian drone strikes targeting Russian refinery infrastructure, raising concerns over potential disruptions to Russia’s crude and fuel exports.
Author  Mitrade
Sept 15, Mon
Oil prices climbed further on Monday as markets reacted to Ukrainian drone strikes targeting Russian refinery infrastructure, raising concerns over potential disruptions to Russia’s crude and fuel exports.
goTop
quote