Block launches live Bitcoin real-time payment pilot at Bitcoin 2025 Conference site

BlockBeats News, May 28th. According to CNBC, Square, a subsidiary of Block, launched a Bitcoin real-time payment pilot at the Bitcoin 2025 conference in Las Vegas. Attendees were able to purchase merchandise using the Lightning Network. This feature is based on the "Bitcoin Auto-Convert" system upgrade and is expected to be fully available to eligible merchants by 2026.

Outside the Bitcoin 2025 conference venue, a pop-up store was set up where attendees were able to instantly buy T-shirts, hoodies, and other merchandise using Bitcoin by scanning a QR code. The transaction speed of the Lightning Network payment system far exceeds that of traditional blockchain settlement methods. Square's "Bitcoin Auto-Convert" feature, launched last year, has already been adopted by over 1000 merchants.