Very glad to see this too! While USD-backed stablecoins are better suited for payments adoption in the near- and mid-term for practical reasons, @Square’s support for Bitcoin is a major milestone for our industry. This will help Bitcoin payments gain steady momentum as over the long run and ultimately become the backbone of the new system when the Bitcoin standard settles in.

David Marcus
@davidmarcus
10-17
Pumped about @Square Bitcoin payments! Big deal for merchants to receive zero fee payments and settle in USD or BTC. Reminder: all @spark wallets are compatible! Can't wait to try it myself.
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content