🎉The Canadian software developer for stores, Shopify, integrates USDC with Coinbase and Stripe

🎉The Canadian software developer for stores, Shopify, integrates USDC with Coinbase and Stripe

Stablecoins are entering everyday commerce.

🔴The new system is set to launch later this year, available through Shopify Payments and Shop Pay.s

➡️Merchants on the Shopify🇨🇦platform will soon be able to accept USDC payments from customers around the world via the Coinbase🇺🇸network—a high-speed, layer-2 blockchain. The feature will work seamlessly within their existing payment flows and order processes, with no need for additional integrations or third-party gateways.

➡️The solution will support hundreds of crypto wallets, both for guest checkouts and through Shop Pay.

➡️Stripe🇺🇸is also part of the integration: merchants will automatically receive payouts in their local currency, with no international transaction fees or currency conversion charges.

➡️Customer perk: 1% cashback in USDC on eligible purchases.

➡️Background: This stablecoin integration follows recent regulatory developments and growing investment in the crypto space. Notably, Coinbase has invested in Toronto-based Stablecorp, aiming to enhance QCAD, the Canadian dollar-pegged stablecoin.

#news #crypto #USA

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