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Coinbase Launches Stablecoin Payment Service for Global Merchants

Coinbase Launches Stablecoin Payment Service for Global Merchants

Coinbase has rolled out Coinbase Payments — a new stablecoin-based payment system designed to simplify the acceptance of USDC by online merchants, payment service providers, and commerce platforms worldwide.

Now live on Shopify, the system is aimed at reducing the complexity of stablecoin integration for marketplaces, PSPs, and infrastructure providers in e-commerce. Coinbase is working to make USDC payments accessible, seamless, and scalable.

The architecture includes:

  • instant USDC payments through Coinbase Wallet, MetaMask, Phantom, and others;
  • a developer-friendly API layer enabling authorization, fund capture, refunds, subscriptions, and key management;
  • open-source smart contracts supporting secure and scalable onchain transactions.

With stablecoins gaining momentum, this launch positions Coinbase as a driver of crypto payment infrastructure. According to Citi, the stablecoin market may grow from $230 billion today to $1.6–3.7 trillion by 2030.

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