Shopify Just Supercharged E-Commerce: USDC Payments Go Live on Coinbase’s Base Network
Retail meets crypto—no intermediaries, no legacy banking delays. Shopify merchants can now tap into instant USDC settlements via Base, Coinbase’s Ethereum L2. Finally, a stablecoin use case that doesn’t make accountants groan.
Why This Matters
Base Network’s low fees and Shopify’s scale could onboard millions to crypto payments—without the volatility drama. No more waiting days for card settlements; USDC clears in seconds. Watch traditional payment processors scramble to justify their 3% vig.
The Cynical Kick
Wall Street still thinks stablecoins are ‘niche.’ Meanwhile, Shopify merchants will be too busy counting saved fees to care.
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Base, the network supporting this initiative, already hosts about 6% of all USDC, making it a significant player in the stablecoin ecosystem. While Shopify hasn’t confirmed plans to support other blockchains, some users online have urged the company to expand compatibility.
Shopify has been no stranger to crypto. It has supported Bitcoin payments through external gateways since 2013 and now offers several crypto payment integrations, including with BitPay and Solana Pay. However, Shopify still recommends its own payment system for high-speed sales, citing crypto’s slower settlement times.
This isn’t the first time Shopify and Coinbase have collaborated. Both were part of Meta’s now-defunct Diem stablecoin project—a sign that while past experiments didn’t stick, the vision of crypto-powered commerce is still very much alive.
