Shopify announced a partnership with Coinbase and Stripe to enable merchants to accept payments in USDC, a stablecoin pegged to U.S. dollar ...

Coinbase Debuts Stablecoin Payment Stack Following Shopify Partnership With Coinbase Payments, the company said it aims to offer fast, global USDC transactions for merchants without needing ...

The partnership would effectively allow Shopify to facilitate USDC payments across its global merchant network, positioning it at the forefront of stablecoin adoption in commerce settings.

With Coinbase Payments, the company said it aims to offer fast, global USDC transactions for merchants without needing blockchain expertise.

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Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with major US exchange Coinbase.

This decision by the research firm came after Shopify Inc. (NASDAQ:SHOP) announced a new partnership with Coinbase that will allow consumers to use USDC stablecoin for payments on Shopify stores.

Circle's USDC stablecoin is uniquely positioned, gaining traction with major partners like Shopify, Walmart, and Amazon.

The firm’s analysis follows Shopify’s recent announcement of a partnership with Coinbase (NASDAQ: COIN) that enables consumers to use USDC stablecoin for payments on Shopify stores.