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.