Coinbase enables Checkout.com merchants to accept $USDC and $USDT through existing checkout systems. More than 1,000 enterprise customers can add stablecoin payments while settling in U.S. dollars.
Key Takeaways:
- Coinbase is expanding stablecoin payments through Checkout.com’s merchant network.
- Merchants can accept $USDC and $USDT while settling in dollars.
- The rollout could test stablecoin demand in mainstream commerce.
Checkout.com Partnership Pushes Stablecoins Deeper Into Enterprise Commerce
Crypto exchange Coinbase (Nasdaq: COIN) announced on June 2 that Checkout.com is enabling stablecoin acceptance for eligible merchants across its network of more than 1,000 enterprise customers. Coinbase Payments powers the integration, giving merchants access to USD Coin ($USDC) and tether ( $USDT), two U.S. dollar-pegged stablecoins, through Checkout.com’s existing platform.
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