Shopify will include USDC payments, opening early access immediately, and rolling out the service to more clients by the end of the year. The online shopping app will process payments in USDC on the Base network. Shopify will integrate USDC into its payment processing. The stablecoin will unroll in its Base version, using Coinbase’s native L2 chain. Tobi Lutke, the CEO of Shopify, announced that the company will cooperate with Coinbase to roll out payments with dedicated smart contracts. The USDC will be available through Shopify Payments and Shop Pay. Coinbase has had exploratory talks with Shopify for the past year, proposing USDC as a far-off solution. Now, USDC may be available to millions of merchants, announced Justin Gainsley, payment product developer at Coinbase. The payments for Shopify merchants will use the Commerce Payments Protocol, a collaboration between Coinbase and Shopify for an e-commerce standard for crypto. Today, @shopify and @coinbase are launching the Commerce Payments Protocol: a new standard for scalable, trust-minimized commerce. Powering USDC payments on @base for select merchants today and millions of Shopify stores worldwide soon. pic.twitter.com/kmapD5dIuJ — conner.base.eth (@ilikesymmetry) June 12, 2025 The Base version of USDC will rely mostly on Coinbase for its liquidity and switching to other crypto or fiat. The native integration of crypto into e-commerce is another step in mass adoption. The announcement arrives just days after Circle, the issuer of USDC, started trading as a public company on the NYSE. USDC remains one of the most widely used stablecoins, offering a higher level of security. Unlike other permissionless stablecoins, USDC has shown instances where Circle was able to freeze and re-mint tokens, thus compensating users in cases of fraud and losses. This made USDC more suitable for mainstream fintech usage. Stablecoins have been making crossovers into payment and fintech apps, especially after receiving regulatory clarity. USDC also returned to services like Stripe at the end of 2024. Before the native Shopify integration, Stripe was also offering merchants a tool to accept USDC payments . PayPal’s PYUSD also expanded its supply, while minting more stablecoins on the Stellar network . Tether’s USDT has also spread to multiple fintech apps, though targeting more niche markets. Base to offer cheap USDC payments The new USDC rollout aims to tap the on-chain economy of Base. The chain’s team announced that the new payment gateways may become a convenient checkout and payment button for all Base users. “Pay with crypto” Millions of @Shopify stores are about to accept USDC on Base. Pay with USDC, get 1% back. The onchain internet just got its checkout button. https://t.co/YoVcWf7ob3 pic.twitter.com/Poj7IJIcbo — Base (@base) June 12, 2025 Base is the second most liquid L2 chain with over $3.7B in stablecoin supply. The supply of USDC is over 3.65M tokens, spread across over 4.2M holders. Base has shown to be a chain for fun on-chain activity, allowing for small transactions and retail users. Most of the USDC on Base is native, with only around 14M tokens bridged from other chains. In total, USDC has a supply of over 61B tokens and is well-accepted in the entire crypto ecosystem, including centralized and decentralized markets. Base, however, offers the lowest possible gas fees, with no additional requirement to hold tokens or pay for gas. Base recently increased its inflow of new addresses, with over 5M new wallets on average added weekly. The chain carries over 1.4M active addresses, accelerating further in the past month. Base relies on its extremely low transaction fees to attract users. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
