Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with the US exchange Coinbase. Shopify plans to fully launch USDC payments on Coinbase’s Ethereum layer-2 network Base via Shopify Payments and Shop Pay later this year. As part of the early access rollout, a limited number of merchants immediately have access to the full product, starting on June 13 2025. The new stablecoin payment feature by Shopify will also allow the company to offer buyer incentives like 1% cash back in local currency payouts in the future.

Coinbase’s Base blockchain is the fourth-largest network for USDC, with Base-issued USDC accounting for 6% of the stablecoin’s total supply of $61 billion. Built by Coinbase, Base is an ultra-fast and affordable network that has emerged as a great way for moving money. Base offers fast, cheap, and secure transactions while providing a 24/7 global payment rail. Shopify’s new USDC partnership with Coinbase is not its first endeavor into crypto. Shopify has been indirectly supporting Bitcoin payments through gateway integrations since 2013, when the company officially announced that all of its 75,000 merchants were free to start accepting Bitcoin. The company allows merchants to integrate at least nine additional payment methods featuring a wide variety of supported crypto assets, through integrations with third-party gateways like BitPay, Solana Pay and more.

The latest partnership between Shopify and Coinbase is not the first collaboration between the two companies using digital currency. In 2019 and 2020, Coinbase and Shopify joined Meta’s (formerly Facebook’s) stablecoin project Diem, initially known as Libra. Following years of pushback from global regulators, the project was officially shut down in early 2022.