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Shopify and Coinbase have teamed up to integrate USDC stablecoin payments on Base, Coinbase’s layer-2 network. The feature, now in early access, will roll out to all Shopify merchants this year, marking a major step for crypto in ecommerce.
- Shopify merchants will soon accept USDC payments via Coinbase's Base network, with full rollout expected by end of 2025.
- The Commerce Payments Protocol, developed with Stripe, enables complex on-chain transactions like escrow and refunds—previously a challenge for crypto commerce.
- Circle's USDC issuer saw its stock price soar after its IPO, while Shopify and Coinbase shares dipped 4% on the announcement day.
📎 Related coverage from: decrypt.co
