Coinbase announces 'Coinbase Payments' and partnership with Shopify
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Planet News: According to the official announcement, Coinbase has launched "Coinbase Payments", a stablecoin payment solution designed for e-commerce platforms, supporting 24/7, instant USDC transactions based on Base. The solution allows platforms to provide merchants with instant USDC payments globally without handling blockchain complexities. Coinbase Payments has partnered with Shopify to offer USDC payment capabilities for its millions of merchants without additional setup. The product contains a three-layer architecture: Stablecoin Checkout for consumers, Ecommerce Engine for merchants, and Commerce Payments Protocol for on-chain execution.
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