Block Inc., the fintech giant led by Jack Dorsey, has announced ambitious plans to integrate Bitcoin into its flagship product, Square, with the goal of enabling full-scale merchant payments by 2026. The company is developing a comprehensive Bitcoin-native payments ecosystem to drive broader adoption of the cryptocurrency in day-to-day commerce.

The move is part of Block’s wider vision to advance Bitcoin as a viable medium of exchange—not just a speculative asset. During the company’s recent shareholder letter, Dorsey emphasized that the future of economic freedom lies in decentralized money, and Bitcoin is central to that vision. The new system will allow Square merchants to accept Bitcoin seamlessly, without needing to worry about volatility or complex wallet setups.

Block’s Bitcoin payment initiative will reportedly include self-custody tools, efficient mining infrastructure, and developer APIs to build on the Bitcoin network. The rollout strategy involves eliminating friction for merchants and customers alike, while ensuring regulatory compliance and network stability.

This initiative represents a significant pivot toward utility and real-world use cases for Bitcoin, which has long faced criticism for its limited function in retail payments. With over two million active Square sellers globally, the integration could drive meaningful transaction volume and further legitimize…