Shopify has entered into a partnership with Coinbase to enable cryptocurrency payments across its platform
Shopify has entered into a partnership with Coinbase to enable cryptocurrency payments across its platform, unlocking access for over 5.5 million merchants worldwide.
This collaboration allows merchants to accept Bitcoin and other cryptocurrencies, expanding the integration of digital assets into mainstream commerce. The deal is described as a landmark stablecoin agreement and involves payments giant Stripe as well.
Shopify, valued at $142 billion, will leverage Coinbase’s infrastructure to facilitate crypto transactions, reflecting a growing trend of bridging fiat and crypto economies. Separately, Visa has facilitated nearly $100 billion in crypto purchases and $25 billion in crypto transactions via cards, highlighting the increasing adoption of cryptocurrency in payment systems.
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