Shopify and Coinbase Develop Stablecoin Payments Protocol on Base

Shopify and Coinbase $COIN are collaborating on the Commerce Payments Protocol, a framework designed to support stablecoin payments through the Base blockchain network.
The initiative aims to connect blockchain-based settlement with everyday online commerce, potentially giving merchants additional ways to accept digital payments.
Base, the Ethereum Layer 2 network developed by Coinbase, provides the underlying infrastructure for the project.
The collaboration reflects growing interest in using stablecoins for commercial transactions rather than primarily for cryptocurrency trading. Adoption will depend on merchant integration, transaction costs and the payment experience offered to customers.