The post Shopify Taps Coinbase and Stripe to Roll Out USDC for 700M Global Shoppers appeared on BitcoinEthereumNews.com.

Shopify has started early access for USDC payments using Coinbase’s Base network and plans a full rollout later this year. The integration offers fast, low-cost, on-chain payments with global reach and may include 1% cash back incentives for users. Shopify has begun offering early access to USDC payments for select merchants, marking a new step in its push toward integrating crypto into mainstream e-commerce. Coinbase powers the initiative and uses its Ethereum Layer-2 network, Base, to facilitate low-cost, fast, and global payments. The stablecoin feature will roll out through Shopify Payments and Shop Pay later this year, enabling users to pay with USDC directly on-chain. Shopify’s CEO, Tobi Lutke, emphasized that stablecoins are “a natural way to transact on the internet,” confirming the company’s commitment to simplifying commerce through blockchain technology. Coinbase developed the commerce payment protocol behind the integration, and the collaboration is expected to expand to all Shopify merchants globally within the year. Base Becomes Core to Shopify’s Payment Innovation Shopify’s decision to build on Base signals its preference for efficient blockchain infrastructure. The network, developed by Coinbase, currently ranks as the fourth-largest for USDC circulation, accounting for 6% of the stablecoin’s $61 billion supply, according to data from USDC Transparency and CoinGecko. Base is known for its low fees and rapid transaction speeds. Shopify highlighted these strengths, noting that the network enables uninterrupted, 24/7 global money movement. Coinbase said the partnership supports its mission to bring a billion people on-chain by making crypto payments accessible for everyday commerce. The move also positions Base as a major player in the stablecoin transaction space, helping merchants avoid the delays and high costs often associated with traditional payment processors. Shopify’s crypto roadmap includes additional perks for buyers. Users may receive up to 1% cash back in their local currencies when transacting with USDC,…

---

Filed under: News - @ June 14, 2025 12:24 am