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Coinbase Launches Full-Stack Stablecoin Payments Platform, Live with Shopify

  • Coinbase has launched a full-stack stablecoin payments platform aimed at simplifying transactions for merchants.
  • The platform promises 24/7 global transactions, lower fees, and no blockchain complexity.
  • Stablecoins processed $30 trillion in settlements last year, marking a 3x growth from the previous year.
  • Coinbase Payments is built on Base, Coinbase’s Layer-2 blockchain, with components like Stablecoin Checkout, Ecommerce Engine, and Commerce Payments Protocol.
  • The platform is already live with Shopify, allowing millions of merchants to accept USDC payments instantly worldwide.
  • Coinbase aims to simplify crypto-native commerce by offering a plug-and-play solution for stablecoin payments in mainstream global ecommerce.
  • With infrastructure limitations hindering stablecoin adoption, Coinbase Payments seeks to lower barriers for payment providers and marketplaces.
  • Coinbase positions itself as a gateway for stablecoin usability, aiming to deliver simplicity and reliability for modern platforms.

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