Summary
- Shopify announced it will support stablecoin payment functionality for sellers on its platform.
- It stated that this payment will utilize USD Coin (USDC) via the Base network.
- Currently under pilot operation for some sellers, the service is scheduled to be expanded later this year to all sellers using Shopify Payments.
Canadian multinational e-commerce company Shopify announced that it will support stablecoin payment functionality for sellers offering products on its platform.
According to cryptocurrency-focused media outlet CoinDesk on the 12th (local time), the payment will be processed in USD Coin (USDC) via the Base network.
Currently, the service is being piloted for a select group of sellers. From the end of this year, it will be expanded to include all sellers using Shopify Payments.
JH Kim
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