Block (XYZ) Touts Bitcoin as ‘Everyday Money’ With 800,000 Merchants Now Accepting It
Bitcoin Magazine
Block has enabled over 800,000 Square merchants to accept Bitcoin payments, advancing its vision of Bitcoin as a functional everyday currency.Summary
At the Bitcoin 2026 conference, Block's Bitcoin Product Lead Miles Suter announced that over 800,000 Square merchants now accept Bitcoin, with new sign-ups occurring every eight seconds. Block is promoting Bitcoin as a practical medium of exchange through new features like tap-to-pay using the Lightning Network, auto-conversion services, and enhanced hardware wallet security. Furthermore, the company disclosed $2.2 billion in Bitcoin reserves, underscoring its commitment to transparency and the goal of establishing Bitcoin as functional everyday money.
(Source：Bitcoin Magazine)