PANews reported on May 28 that Jack Dorsey's payment company Square launched a Bitcoin Lightning Network payment pilot during the "Bitcoin 2025" conference in Las Vegas. Participants can use Bitcoin to complete real-time settlement by scanning barcodes, and exchange rate conversion and transaction confirmation are automatically processed by the Square system. Miles Suter, head of Bitcoin products at Square's parent company Block, said that the function plans to expand the scope of testing this year and open it to all users in 2026 (subject to regulatory approval). The company said the move is aimed at building an "open, decentralized, low-cost" payment system.