Jack Dorsey’s Block Pilots Real-Time Bitcoin Payments In Vegas

Block Inc. (XYZ) has begun accepting real-time Bitcoin (BTC) payments as the Jack Dorsey-led company continues its push to bring cryptocurrency transactions into the mainstream.

At the Bitcoin 2025 event in Vegas, Block’s Square has rolled out real-time payments in Bitcoin, allowing attendees to buy t-shirts, hoodies, and other merchandise at the BTC Inc. pop-up store at the event, according to a CNBC report.

To make the system feasible and fast, Square is using Lightning Network, which is a protocol built on the Bitcoin blockchain.

Customers who want to make a purchase will have to scan a QR code using the Square app, which will handle tasks like real-time exchange rates and transfers behind the scenes.

Block’s pilot with real-time Bitcoin payments is expected to go live across eligible sellers on the Square platform later this year. General availability is expected in 2026, but the rollout will hinge on regulatory approvals.

Sellers can choose to keep their receipts in Bitcoin or convert them into dollars, just like they would receive money through other payment methods like Visa, MasterCard, or Amex.

This pilot builds on Square’s “Bitcoin Conversions” tool launched in 2024–a sweep-in product that automatically converts a fixed portion of daily sales into Bitcoin.

The company said that sellers who opted into this experiment have grown their Bitcoin holdings by nearly 70% over the past year.

In this period, Bitcoin prices have surged by more than 60%.

Meanwhile, Block’s shares have declined nearly 27% year-to-date and 6% over the past 12 months.

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