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News by FinTech Collective Archive

Square plans to build a decentralized bitcoin exchange, says Jack Dorsey

Sarah Wolter

8/30/2021 6:57:29 PM

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Sarah Wolter

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bitcoin

Square’s new TBD division is working on a Bitcoin-centric decentralized exchange. The planned DEX will be open-source and permissionless, yet allow users to fund any wallet using fiat currency.

“We’ve determined [TBD’s] direction: help us build an open platform to create a decentralized exchange for Bitcoin,” Dorsey, also CEO of Twitter, tweeted today.

https://decrypt.co/79633/square-decentralized-bitcoin-exchange-jack-dorsey

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