The Stripe payment giant is associated with Shopify to allow millions of merchants to accept payments in USDC, without being forced to configure your account or install a plug-in. A significant advance for the adoption of cryptocurrencies in online trade, via the base network.
The Stablecoin USDC now available for millions of Shopify merchants
Stripe announced this week a new strategic partnership with Shopifyaimed at allowing merchants of the e-commerce platform to accept payments in USDC, the Stablecoin de Circle. A novelty available in its Connect offer and which will concern merchants in 34 countries at first.
Concretely, Shopify merchants will be able to accept payments in USDC on the basis, the Layer 2 developed by Coinbase. By default, the payment will arrive on the seller's bank account in his local currency; those who wish can however directly collect the USDC on an external wallet.
Thus, Shopify stresses that this integration do not ask “No new plug-in, no gateway” ; The USDC token becomes a native means of payment of Shopify Payments and Shop Pay, while taking advantage of the costs below the penny and almost instantaneous confirmations offered by base.
🪙 Discover everything on the stablecoins, the cryptos replicating the Fiat currencies
What to allow Stripe Connect users to activate stable -coxos payments without having to modify their existing infrastructure. Kaz Nejatian, Director of Operations and Product Vice President at Shopify, spoke about this advance:
Stripe has always managed the complex aspects of payments so that our merchants do not have to do so. Today, they do the same with the Stablecoins.
Same story with Stripe, where Neetika Bansal, Money Movement & Crypto manager, expressed himself:
We are delighted to collaborate with Shopify to bring the advantages of Stablecoins at once in a very large number of companies. These companies can now receive more markets at a lower cost, without upsetting their processes.
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The adoption of stablecoins is accelerating in online trade
Stripe and Shopify's initiative does not happen by chance, but in a context under which under which More than $ 94 billion in stable -co -centers have been settled just in the past two years.
Total capitalization has reached $ 228 billion, up 17 % since January; The only USDC weighs $ 61 billion and consolidates its number 2 place behind the Tether USDT. Online merchants can no longer ignore such a liquid means of regulation.
🗞️ Amazon works on his own stablecoin, according to the Wall Street Journal
Macro-trend is reinforced by regulatory clarification in the United States: Stable and Genius lawsSupported by the government of Donald Trump, supervise the reserves and audits of the issuers, while the Entry into the Circle Stock Exchange, a company issuing the USDC, confirms the credibility of the sector.
Hoped that this technical advance inspired by other tech giants to take the plunge.
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Source: Stripe
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After training in journalism, I worked for a few years in general press before discovering the world of personal finance and the scholarship. Fallen into cryptos since 2020, I am particularly interested in the decryption of news that influence the Cryptos markets. My goal? Always teach my readers more by providing the most precise and the most just possible information.
Justine Ferrari
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