Shopify and Coinbase have announced the creation of the Commerce Payments Protocol, which will operate on the Base platform for stablecoin payments. The initiative aims to simplify the acceptance of stablecoins such as USDC by merchants using Shopify Payments. Customers will be able to pay from supported wallets without needing ETH for gas fees, while merchants can choose to receive payment in local currency or USDC. The initiative strengthens Base’s utility in commerce and could accelerate the large-scale adoption of stablecoins.
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