"A customer just bought a coffee using bitcoin at Compass Coffee. This reportedly marked the first-ever Square terminal in the world to accept bitcoin. The pilot launch, showcased during DC Fintech Week, was made possible through Square's new Bitcoin payment integration. According to a Compass Coffee X post, the system worked seamlessly across multiple Bitcoin wallets, demonstrating the power of open payment standards and the Lightning Network."
"Square recently announced the launch of Square Bitcoin, which is going to be a new suite of tools designed to make bitcoin usable for everyday businesses - from coffee shops to local retailers. The platform will let merchants and small businesses accept bitcoin payments, automatically convert a portion of their sales into BTC, and manage holdings in a built-in Bitcoin wallet - all from the same dashboard they already use for point-of-sale and banking."
A customer bought a coffee with bitcoin at Compass Coffee, marking the first Square terminal to accept bitcoin. The pilot occurred during DC Fintech Week and used Square's new Bitcoin payment integration that operated across multiple Bitcoin wallets via open payment standards and the Lightning Network. Compass Coffee hosted the demo across its 27 D.C. locations and invited lawmakers and fintech leaders. Square Bitcoin is a suite enabling merchants to accept bitcoin, convert portions of sales to BTC, and manage holdings in a built-in wallet within the existing Square dashboard. Rollout begins November 10, 2025, with no processing fees during the first year, and sellers can hold bitcoin or convert instantly.
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