Square, the US-based payments company founded by Twitter CEO Jack Dorsey, has stepped up its Bitcoin strategy with DeFi-related plans. Dorsey tweeted, "Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services.” He further confirmed the project to be, "Open roadmap, open development, and open source."