Shopify and Coinbase USDC Checkout Hits $42 Million

Community Trust Score Verified 96 % Real Verified 28 votes Updated 7 minutes ago Base published a case study on October 29 describing the Commerce Payments Protocol, a system built by Shopify and Coinbase that allows eligible merchants to accept USDC through Shopify Payments. The protocol has processed more than $42 million in net settled payments and over 448,000 transactions as of October 2, according to the report. The Commerce Payments Protocol is designed to reduce the technical complexity of stablecoin acceptance for e-commerce businesses.

Source: The Currency Analytics