Coinbase announces 'Coinbase Payments' and partnership with Shopify

Odaily News According to the official announcement, Coinbase announced the launch of "Coinbase Payments", a stablecoin payment solution for e-commerce platforms that supports 24/7, instant USDC transactions and is built on Base. The solution allows the platform to provide merchants with instant USDC payments worldwide without having to deal with blockchain complexity. Coinbase Payments has partnered with Shopify to provide USDC payment capabilities to its millions of merchants without additional setup. The product consists of a three-layer architecture: Stablecoin Checkout for consumers, Ecommerce Engine for merchants, and Commerce Payments Protocol for on-chain execution.