Pay easily in USDC: Coinbase unveils a new solution already available on Shopify.

By launching this new product, the crypto platform relied on 2 observations. The first is that in 2024, stablecoins processed $30 trillion in transactions, which would be 3 times more than in 2023. In addition, half of the Fortune 500 companies are already running blockchain initiatives.

In response to this, Coinbase Payments presents itself as a turnkey tool that does not require special crypto knowledge: It frees itself from the blockchain to allow you to offer crypto-native payments without using crypto-native teams. We designed it to optimize USDC payments, with faster settlement, reduced fees and global reach.

To date, this solution has already been deployed on Shopify, which allows online stores to accept the USDC. In short, the system allows customers to connect their wallet, while a layer of API connections supervises the management of all parameters inherent to a payment (transactions, subscriptions, accounting, refunds, etc.) as well as communication with the blockchain.

Unsurprisingly, the transactions take place on Base, Ethereum's layer 2 which, according to DefiLlama data, is now positioned as Ethereum's first scaling solution in terms of total locked value (TVL), with $5 billion, and in the 5th position all blockchains combined.

A few days ago, Shopify also formalized a collaboration with Stripe, again to give more reach to the USDC.

Just went public 2 weeks ago, Circle is taking advantage of this craze for stablecoins, and is already capitalized at nearly $44 billion, for $200 per share. Since the beginning of the year, its $USDC has seen its capitalization increase by 40%