Key Takeaways
- Shopify will accept Circle’s USD Coin payments for all merchants globally by the end of 2025
- The integration will use Coinbase’s Base protocol and Stripe’s infrastructure.
- The rollout will be opt-out by default, and Shopify will offer up to 0.5% cash back to merchants in eligible regions who accept USDC.
On Thursday, Shopify announced it was bringing USD Coin (USDC) payments to millions of its merchants later this year.
The move marks a major step forward in the advancement of crypto within the e-commerce giant, as stablecoins continue to break into the mainstream.
You’ll Want To See This
USDC Coming to Shopify
Shopify will begin enabling payments in USDC, a stablecoin issued by Circle, for its merchants by the end of 2025.
The rollout will begin in late June with a pilot program for a select group of merchants in the U.S. and Europe before expanding globally.
Shopify, which went public in 2015 and now operates in 175 countries, provides merchants with tools to build and manage online stores.
By integrating USDC, the company is offering merchants a new option for digital payments that combines the benefits of crypto with the stability of a fiat-backed asset.
Opt-Out System
The USDC payments feature will be opt-out, meaning merchants will automatically have it enabled unless they choose to disable it.
To encourage adoption, Shopify will offer up to 0.5% cash back to participating merchants in the U.S. and other select countries.
Collaboration With Coinbase and Stripe
The new payment option will be powered by Coinbase’s Layer 2 blockchain, Base, and integrated via Stripe, a leading payment processor.
Shopify and Coinbase have collaborated on a payment protocol designed to support essential retail operations, including refunds.
“Our partnership leverages crypto’s foundational elements—like smart contracts and programmable money—to create flexible, secure payment flows,” Coinbase stated in a blog post.
Coinbase also emphasized that no additional setup will be required from merchants, removing the technical barriers typically associated with crypto payments.
Broader Stablecoin Momentum
The announcement comes amid rising interest in stablecoins across the tech and financial sectors.
With their low transaction fees and rapid settlement speeds, the world’s largest companies are increasingly realizing their benefits.
Discussions about using stablecoins are reportedly taking place at major tech firms, including Uber , X, Google, and Airbnb.
Jesse Pollak, the creator of Coinbase’s Base, told Fortune that the Shopify integration was “the beginning of a lot of dominoes falling.”
Was this Article helpful?
Read More: Shopify Brings USDC to Millions of Merchants