Catenaa, Saturday, June 21, 2025-Shopify has partnered with Coinbase and Stripe to roll out stablecoin payments in USD Coin (USDC), the companies announced Thursday, marking a major push to bring cryptocurrency commerce to 34 countries through Shopify’s merchant platform.
Shoppers can now use USDC via Base, Coinbase’s Ethereum Layer 2 network, to make purchases using their preferred crypto wallet.
Stripe will handle the back end, converting USDC into local fiat currencies for merchants, streamlining the experience to mirror traditional payments.
“Stripe has long handled the hard parts of payments so our merchants don’t have to,” Shopify COO Kaz Nejatian said in a statement.
“Now they’re doing the same for stablecoins—making it simple for our merchants to meet booming global demand.”
The initiative follows Stripe’s acquisition of crypto wallet infrastructure firm Privy and Circle’s recent IPO debut on the New York Stock Exchange. Stripe said monthly stablecoin payment volume has surged from $2 billion to $6.3 billion over the past two years.
Coinbase and Shopify also launched the Commerce Payments Protocol, aiming to resolve challenges associated with onchain commercial transactions. Unlike peer-to-peer crypto transfers, commercial purchases require more complex, multi-step processing. The new protocol intends to bridge that gap.
Shopify previously integrated Solana Pay in 2023 but this latest USDC-driven expansion is a notable advancement in crypto adoption for global commerce.
The move may also help Circle’s USDC gain ground on Tether, the market leader in stablecoin circulation.
