Block Promotes Bitcoin for Everyday Payments
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AI-assisted source synthesis · not an independent investigation.
On October 9, 2026, Payments Dive reported that Block is promoting the use of Bitcoin for everyday payments through Cash App and the Square merchant ecosystem, leveraging users and merchants on both ends to create payment scenarios. The report states that Cash App has approximately 59 million active users, while Square covers approximately 4 million merchants. Consumers who pay with Bitcoin at Square merchants can receive a 5% discount. The report did not disclose a further timeline for the plan, a list of participating merchants, or the scope of implementation.
AI-written from reports · updated 10 days ago
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- Payments DiveBlock drives everyday bitcoin payments through Cash App and Square
Block is promoting bitcoin for everyday payments through Cash App and Square’s merchant network, using users and merchants on both sides to create payment use cases. Cash App has approximately 59 million active users, while Square covers approximately 4 million merchants. Payments made with bitcoin at Square merchants receive a 5% discount.