Mining company GoMining has introduced the GoBTC Pay platform, which will allow businesses to accept payments in bitcoin with automatic conversion of funds into fiat or cryptocurrency. Almost two decades ago, they told you to lock it away. To treat Bitcoin like gold that never moves. But the scripture said cash. Today the prophecy is fulfilled. GoBTC Pay integration toolkit is live — on-chain settlement, next block, mined by our own network. No… The service is aimed at companies working with international clients and is designed to simplify the use of the first cryptocurrency as a payment instrument. «Satoshi did not create bitcoin so that it would just sit idle in wallets. It was designed to move value between people», said GoMining's CEO. Betting on bitcoin settlements According to the developers, GoBTC Pay gives marketplaces and online services the ability to accept payments in BTC without having to manage crypto infrastructure themselves. The platform takes on transaction processing, settlement operations and the conversion of funds. Users will be able to choose the format for receiving revenue — in bitcoin, stablecoins or national currencies. «GoBTC Pay runs on GoMining's private mempool, built on the Stratum V2 protocol, which gives priority to the service's transactions and targets an average settlement window of about 12 hours», the statement says. Integration with the GoMining ecosystem The new service has become part of the GoMining ecosystem, which previously developed around mining services. The company expects that the launch of the payment solution will expand bitcoin's scope of use and create additional use cases for ecosystem participants. Competition in the crypto payments market The cryptocurrency payments market remains one of the most competitive segments of the industry. Both specialized crypto processing companies and traditional payment providers adding support for digital assets are competing for the attention of businesses. GoMining believes that growing interest in international settlements and the development of bitcoin infrastructure will contribute to the further spread of crypto payments among corporate clients. Recall that in October 2025 Jack Dorsey's company Block launched fee-free bitcoin payments for businesses within its Square service.

Source: ForkLog