Bitcoin payments may be headed to millions of merchants as Jack Dorsey said an “Orange checkout button” is “coming soon” to Square. The move signals Square’s plan to add a native Bitcoin experience for sellers, according to the announcement.
Square’s plan for Bitcoin at checkout
Dorsey’s update on September 16, 2025 indicated the feature is near. Square aims to enable Bitcoin payments for roughly 4 million businesses that process about $200 billion a year. Merchants will be able to hold Bitcoin or instantly convert it to fiat, offering flexibility at the point of sale.
Meanwhile, Miles Suter, Block’s Bitcoin Product Lead, said a native experience for millions of sellers means faster payments, more revenue, and real freedom. He also noted early adopters are reportedly seeing a 50% reduction in payment fees.
Why it could matter for sellers
If implemented as described, the Bitcoin payments option could cut costs and speed up settlement. Therefore, sellers might gain new customers who prefer paying in BTC. However, details on rollout and regions remain unspecified.
Key points at a glance:
• “Orange checkout button” for Square is “coming soon.”
• Target reach: ~4 million businesses and ~$200B in annual volume.
• Option to hold BTC or auto-convert to fiat.
• Early users reportedly see 50% lower payment fees.
For context on how Bitcoin transactions work at a protocol level, see this overview of Bitcoin. As adoption grows, merchants will weigh fees, volatility, and operational setup. Consequently, education and clear settings for conversion and accounting will be crucial.
For more background on value-pegged assets and payment flows, read our guide on how stablecoins work.
