๐๐ก๐จ๐ฉ๐ข๐๐ฒ ๐๐๐ค๐๐ฌ ๐๐๐๐ ๐๐๐ฒ๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐๐๐ฎ๐ฅ๐ญ ๐๐จ๐ซ ๐.๐๐+ ๐๐๐ซ๐๐ก๐๐ง๐ญ๐ฌ
โ Stablecoin Checkout Goes Live
Shopify has teamed up with Coinbase and Stripe to activate USDC payments for millions of merchants โ no setup needed. All sellers can now accept crypto by default. To opt out, theyโll have to manually disable the feature.
โก๏ธ Powered by Coinbaseโs Base chain, this move simplifies crypto adoption in retail without adding third-party apps or complex payment gateways.
๐๏ธ Seamless for Merchants
Merchants using Shop Pay or guest checkout can now accept USDC directly from popular wallets. Payments are auto-converted to local currency โ unless merchants prefer to hold crypto.
๐ก Plus: No foreign exchange or network fees involved, making it cheaper than traditional card payments.
๐ธ Cashback to Drive Usage
Shopify is offering up to 0.5% cashback on USDC sales for U.S. sellers. Later this year, even shoppers using USDC will get rewards too. It's part of a broader push to normalize stablecoin usage in e-commerce.
๐ Why This Matters
Stablecoins like USDC are already processing $1T+ in monthly payments. Shopifyโs move shows how far weโve come: crypto isnโt an experiment anymore โ itโs becoming part of everyday business.
With giants like Meta, Google, and Visa also exploring crypto rails, Shopifyโs stablecoin-first design could be a game-changer for retail crypto adoption worldwide.