{"id":3601,"date":"2025-05-28T20:16:15","date_gmt":"2025-05-28T20:16:15","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/05\/28\/block-announces-bitcoin-business-stack-makes-historic-lightning-payments-push-at-bitcoin-2025\/"},"modified":"2025-05-28T20:16:15","modified_gmt":"2025-05-28T20:16:15","slug":"block-announces-bitcoin-business-stack-makes-historic-lightning-payments-push-at-bitcoin-2025","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/05\/28\/block-announces-bitcoin-business-stack-makes-historic-lightning-payments-push-at-bitcoin-2025\/","title":{"rendered":"Block Announces Bitcoin Business Stack, Makes Historic Lightning Payments Push at Bitcoin 2025\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Block Announces Bitcoin Business Stack, Makes Historic Lightning Payments Push at Bitcoin 2025\u00a0<\/a><\/p>\n

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Bitcoin isn\u2019t just something to hold anymore\u2014it\u2019s something to live on. That was the core message delivered by Miles Suter<\/a>, Bitcoin Product Lead at Block Inc.<\/a>, during his keynote at the Bitcoin 2025 Conference<\/a> today. Standing at the intersection of innovation and ideology, Suter laid out a vision where Bitcoin<\/a> isn\u2019t just a store of value\u2014but the internet\u2019s native currency. <\/p>\n

\u201cBitcoin is at a crossroads\u2014on one hand it\u2019s never been stronger: a trillion in market cap, millions of holders, and even talk of nation-state adoption,\u201d Suter said. \u201cWe use Bitcoin to hold, to hedge, to opt out, but we rarely use it to live. At Block Inc., we believe that has to change.\u201d <\/p>\n

Suter officially announced that Block is rolling out Bitcoin payment capability for merchants using Square POS, allowing them to accept bitcoin directly in-store. The move comes as part of a broader initiative Block calls the full bitcoin for business stack\u2014covering acquiring, managing, reporting, accounting, converting, lending, and taxes.\u00a0<\/p>\n

\u201cThis is what makes Bitcoin an everyday currency for everyone,\u201d he emphasized. \u201cWe believe hard-working entrepreneurs deserve access to the full power of bitcoin.\u201d\u00a0<\/p>\n

To prove the vision in action, Block helped power a Guinness World Record attempt<\/a> for the most Lightning payments in a day, hosted live at the conference. The goal: prove that Lightning payments<\/a> aren\u2019t just functional\u2014they\u2019re scalable, fast, and real.<\/p>\n

Block\u2019s commitment isn\u2019t new. In 2020, the company put bitcoin on its balance sheet. In 2021, it co-founded the Bitcoin Clean Energy Initiative to fight the \u201cboiling oceans\u201d narrative. In 2022, Cash App became one of the first major platforms on Lightning. In 2023, it launched on-chain payments with Square. And in 2024, it helped defeat Craig Wright in court, \u201cstanding up for Satoshi.\u201d<\/p>\n

\u201cThese aren\u2019t just headlines\u2014they\u2019re a pattern,\u201d Suter said. \u201cWe\u2019ve made it more accessible, more secure. Now we\u2019re focused on making it usable every day.\u201d<\/p>\n

Cash App already ranks among the top bitcoin on-ramps in the U.S., accounting for nearly 10% of on-chain block space at any time. In 2024, Lightning usage grew 7x. \u201cBlock runs one of the top Lightning nodes globally. And here\u2019s what\u2019s wild\u2014it\u2019s working,\u201d he said.\u00a0<\/p>\n

Block is now taking 10% of all profits from Bitcoin and adding it back to its balance sheet, and over 1,700 merchants are automatically converting part of their daily sales to Bitcoin.<\/p>\n

\u201cIf Bitcoin just becomes digital gold, we failed the mission,\u201d Suter said. \u201cBitcoin payments validate Bitcoin. They make it real. Bitcoin is money.\u201d\u00a0<\/p>\n

This post Block Announces Bitcoin Business Stack, Makes Historic Lightning Payments Push at Bitcoin 2025\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Jenna Montgomery<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Block Announces Bitcoin Business Stack, Makes Historic Lightning Payments Push at Bitcoin 2025\u00a0 Bitcoin isn\u2019t just something to hold anymore\u2014it\u2019s something to live on. That was the core message delivered by Miles Suter, Bitcoin Product Lead at Block Inc., during his keynote at the Bitcoin 2025 Conference today. Standing at the intersection of […]<\/p>\n","protected":false},"author":0,"featured_media":3602,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3601","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3601"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3602"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}