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Block's Square has launched a pilot for instant Bitcoin payments, allowing participants to instantly purchase nearby goods by simply scanning a QR code. Bitcoin is gradually gaining mainstream recognition, and its role in the financial sector is continuously expanding.

Square, a leading payment company, has announced the automatic activation of Bitcoin payment features for eligible U.S. merchants, enabling them to accept BTC payments directly. Once a transaction is completed, the system instantly converts the payment to U.S. dollars for deposit, eliminating the need for merchants to manage crypto assets or deal with price volatility. This update is part of Square's broader Square Bitcoin initiative, underscoring how major payment platforms are proactively integrating cryptocurrency into routine business transactions.