Jack Dorsey’s Square Unleashes Bitcoin Payments for Merchants – Best Wallet Powers Crypto Future

bitcoinistPublished on 2025-07-23Last updated on 2025-07-23

Abstract

Square, the payment powerhouse led by tech mogul Jack Dorsey, has just made waves by enabling select merchants to accept...

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Square, the payment powerhouse led by tech mogul Jack Dorsey, has just made waves by enabling select merchants to accept Bitcoin ($BTC) as a payment option.

But why wait for a merchant to catch up when you can start using the #1 crypto today? Enter Best Wallet, the non-custodial wallet that lets you spend $BTC with ease and top-notch security.

Even better? It’s available to everyone, right now. So, if you’re itching to put your Bitcoin to work, Best Wallet has you covered.

Square to Bring $BTC Payments to 4M+ Merchants

Square has launched $BTC payments across its existing point-of-sale systems. But until a full rollout becomes available in 2026, only a select group of merchants can benefit from the advancement.

Square Bitcoin payment support
Source: X (OBJ)

Once fully deployed, 4M US merchants can accept $BTC for everyday purchases – coffee, clothes, or a vacation.

It settles Lightning Network transactions within seconds and for less than a cent. This makes it a more cost-friendly than regular $BTC transfers, which can cost $1–$20, depending on network congestion.

Compared to credit card processing fees, which cost 1.5%–3.5%, $BTC payments through Square are far cheaper.

Another added benefit is that it allows merchants to either hold the $BTC they receive or convert it to US dollars immediately.

Still, if you don’t want to wait until 2026 for the cheap and fast $BTC transactions, you don’t have to. Instead, why not join Best Wallet and start spending your $BTC today?

Best Wallet – An Easy Way to Spend & Manage 1K+ Cryptos

Best Wallet is a non-custodial crypto wallet designed for speed, privacy, and early access to tomorrow’s Web3.

It currently supports major blockchains, including Bitcoin, Ethereum, BNB Chain, and Solana. However, it plans to expand to over 60 networks soon, allowing you to easily spend and manage over 1K digital assets – including $BTC – from the mobile app.

Unlike many other crypto wallets, it goes beyond just a simple digital asset storage solution. It offers powerful tools for buying, storing, swapping, and staking digital assets.

Just look at its feature ‘Powered by Rubic,’ for instance. You can easily exchange your crypto across multiple blockchains.

Additionally, it connects you to over 330 decentralized exchanges and more than 30 cross-chain bridges, offering the best rates and fees.

Best Wallet token swaps
Source: Best Wallet

And there’s more to come. Best Wallet is set to launch Best Card, a crypto debit card that’ll enable you to spend your crypto assets effortlessly while on the go.

Added developments in the pipeline include market intel analytics, derivatives trading, and a rewards hub.

To get the most out of the wallet, however, you should purchase $BEST. As the wallet’s native token, it enables you to enjoy reduced fees, staking rewards at a 96% APY, and grants early access to the best crypto presales.

Security isn’t an afterthought, either. The Best Wallet ecosystem leverages advanced Multi-Party Computation (MPC) technology to eliminate the need for exposed private keys or seed phrases.

Such safeguarding measures have never been more critical; these vulnerabilities led to 43.8% of all stolen crypto in 2024.

The wallet has also been audited twice by Certik, with both reviews confirming zero critical vulnerabilities on centralization risks.

It’s no wonder Best Wallet is already gaining traction, with $BEST having raised over $14M on presale and showing no signs of slowing down.

$BEST Has Over 183% Profit Potential

Square’s Bitcoin integration marks a significant milestone in bringing crypto payments to the mainstream.

But you don’t have to wait until 2026 to spend $BTC on everyday goods. Best Wallet is already here, and it’s got the tools to enable you to pay, store, and manage $BTC – plus 1K+ other digital assets – while out and about.

To leverage the wallet’s full potential, you can buy $BEST on presale for just $0.025375. New app developments could propel the token to $0.072 this year, making now a prime time to join for possible gains exceeding 183%.

This isn’t investment advice. Always DYOR and never spend more than you can risk losing.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she's not deep into a crypto rabbit hole, she's probably island-hopping (with the Galapagos and Hainan being her go-to's). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band.

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762 Total ViewsPublished 2025.01.14Updated 2025.01.14

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