Coinbase introduces Coinbase Payments

Coinbase (COIN) is introducing Coinbase Payments, a stablecoin payments stack designed for commerce platforms. “Offer instant, 24/7 USDC payments to your merchants – globally, securely, and without blockchain complexity. Built on Base and already live with Shopify, it’s the fastest way for payment service providers, marketplaces, and commerce infra providers to bring stablecoin payments to market,” the company said in a blog post. “More than half of the Fortune 500 is building onchain, and a third of small businesses already use crypto. And yet, despite growing demand, stablecoin payments remain out of reach for most platforms – held back by fragmented tooling, technical overhead, and a lack of production-ready infrastructure. Coinbase Payments changes that.” The company notes that Coinbase Payments is the first full-stack stablecoin payment solution built for commerce platforms at scale. The high-performance infrastructure is now live with Shopify (SHOP), where Coinbase is bringing USDC payments to millions of merchants with no additional setup required. Now, that same infrastructure is available to any platform that serves merchants.