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Shopify Enables USDC Stablecoin Payments via Coinbase’s Base Network

Shopify Enables USDC Stablecoin Payments via Coinbase’s Base Network. Source: Raysonho @ Open Grid Scheduler / Grid Engine, CC0, via Wikimedia Commons

Shopify is introducing stablecoin payments to its merchants through Coinbase’s Base, an Ethereum layer-2 network. The rollout begins June 12 for a limited group of early-access merchants, with full availability for Shopify Payments users expected later in 2025.

This integration allows merchants to accept Circle’s USDC token for on-chain payments while receiving local currency settlements—eliminating foreign transaction fees. Shopify also plans to offer 1% USDC cashback to customers, a feature set to launch later this year.

Stablecoins like USDC, pegged to real-world assets, are increasingly used beyond crypto trading. Their adoption is surging, with supply growing 54% year-over-year, fueled by companies like PayPal and Grab using them for payments and cross-border transfers.

This move marks a significant step toward mainstream crypto adoption in retail. By leveraging Base’s low fees, fast transactions, and secure infrastructure, Shopify aims to lower global commerce costs and enhance operational efficiency.

The initiative is powered by an open-source smart contract-based payments protocol developed jointly by Shopify and Coinbase. It includes essential commerce features such as delayed capture, tax calculation, and refund handling, all seamlessly integrated into Shopify’s existing merchant systems.

As stablecoins gain momentum, Shopify’s adoption of USDC on Base underscores a growing trend in e-commerce toward blockchain-based payment solutions.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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