Jack Dorsey’s Square Awarded Patent for Real-Time Crypto-to-Fiat Swaps

Cointelegraph

Published Jan 22, 2020 05:18PM ET

Updated Jan 22, 2020 07:02PM ET

Jack Dorsey’s Square Awarded Patent for Real-Time Crypto-to-Fiat Swaps

Financial services and mobile payment company Square (NYSE:SQ) thinks it has found a way to turn fiat into crypto in real-time point-of-sale transactions.

On Jan. 21, the United States Patent Office awarded Square a patent for a technology that the team argues cracks a present barrier in merchant transactions:

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