Eligible sellers in the United States have had the feature turned on by default since March 30, letting customers pay over the Lightning Network (Bitcoin payment scaling system) while merchants receive U.S. dollars through real-time conversion.
Block’s Square has automatically activated Bitcoin payments for roughly 1 million eligible merchants in the United States. Since March 30, customers have been able to pay through the Lightning Network (Bitcoin payment scaling system), while merchants settle in U.S. dollars using real-time conversion. The setup lowers direct Bitcoin price exposure for sellers because the crypto is converted at the time of payment, while still expanding Bitcoin’s use as a payment option at mainstream point-of-sale businesses.