Shopify Enables USDC Payments with Coinbase and Stripe Partnership – Coincu

Shopify announced a partnership with Coinbase and Stripe on June 13 to accept USDC payments for merchants in 34 countries.

This collaboration, leveraging the Base chain, aims to simplify digital payments, allowing merchants to receive funds in local fiat.

Shopify Partners to Facilitate USDC Payments Globally

Shopify has partnered with Coinbase and Stripe to facilitate USDC payments in 34 countries. This initiative allows merchants to streamline processes by interfacing directly with established blockchain networks, eliminating the need for in-house infrastructure.

Through this partnership, the service enables merchants to handle transactions in local fiat currencies, with USDC payments processed via Coinbase’s Base chain. This marks a significant step in making stablecoin usage more accessible to global merchants.

“This partnership will eliminate the need for individual merchants to build their own crypto payment infrastructure, allowing focus on core business operations.” — Shopify COO

While official responses from top executives remain sparse, analysts anticipate significant growth in USDC transaction volumes. Discussions around streamlined ecommerce crypto integration are evident in industry forums and social media platforms.

Significant Implications for Global Crypto Commerce

Did you know? USDC was launched in 2018 and has quickly become one of the most widely used stablecoins in the crypto market.

As of June 12, 2025, USDC is priced at $1.00 with a market cap of $61.08 billion and a 1.84% market dominance. It recorded a 24-hour trading volume of $11.92 billion, experiencing a slight 0.01% price decrease in the last day, according to CoinMarketCap.

Insights from the Coincu research team suggest a potential increase in Base’s daily transaction volume due to Shopify’s adoption. This move could also influence the broader acceptance of cryptocurrencies in ecommerce and encourage other platforms to explore similar solutions.