- Block (NYSE:XYZ) enabled Bitcoin payments on its Square point-of-sale terminals for merchants, with no processing fees until 2027.
- The move is framed by investor Tim Draper as a step toward broader Bitcoin use in everyday commerce.
- Merchants using Square can now accept Bitcoin alongside traditional payment methods at checkout.
Block (XYZ) Opens Bitcoin Payments To Merchants With No Fees Until 2027
Block is far from the only company tied to the growth of crypto payments and wider blockchain adoption. It can be useful to compare this news with a broader group of related stocks through 19 cryptocurrency and blockchain stocks.
simplywall.st
Publisher
Aug 15, 2026 at 9:34 AM UTC · 3 분 소요
Key Signal
Until 2027 Bitcoin fee waiver period
Entities
bitcoin
Market Impact
BTC+1.11%$73,953
Last Updated
3달 전
Block is far from the only company tied to the growth of crypto payments and wider blockchain adoption. It can be useful to compare this news with a broader group of related stocks through 19 cryptocurrency and blockchain stocks.
Block operates in the diversified financial sector and builds ecosystems around commerce and financial services, so adding Bitcoin payments aligns directly with its effort to connect merchants and consumers across both traditional and digital money. With a market cap of about US$49.9b, its decisions can influence how quickly such tools reach mainstream businesses.
Beyond the headline: 3 risks and 2 things going right for Block that every investor should see.
How Bitcoin POS fits Block's broader crypto and AI partnership story
For Block, the Bitcoin-on-Square launch plugs directly into its Narrative that the company grows by linking merchants and consumers across higher-margin financial services, including digital assets, rather than just processing payments. This move is tied to the same bet that crypto features, AI and large partners like Google can increase engagement across Square and Cash App.
Market Context
Bitcoin
BTC
$73,953
+1.11% (24H)
Market Cap
$1.49T
24H Volume
$18.6B
24H High
$74,400
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