Shopify, the e-commerce giant known for powering online storefronts for millions of merchants globally, announced on Thursday that it will soon roll out stablecoin payments across its platform—marking its most significant move into crypto to date.
The company revealed that by late June, a select group of Shopify users will begin accepting payments in USD Coin (USDC), a leading U.S. dollar-pegged stablecoin issued by Circle.
A broader rollout is expected later this year.
Shopify Enables Stable Crypto Payments Without Volatility for All Merchants
This integration will allow businesses of all sizes—from independent vintage clothing sellers to major electronics brands—to accept crypto payments without the volatility typically associated with digital assets.
Since USDC maintains a 1:1 peg with the U.S. dollar and is fully backed by reserves, it offers a more stable and familiar value system for merchants and customers alike.
The initiative aligns with the broader trend of mainstream companies embracing blockchain-based payment methods to increase accessibility, reduce transaction fees, and expand into global markets.
It also follows Circle’s high-profile IPO, underscoring growing investor confidence in regulated digital currency issuers.
By enabling stablecoin payments, Shopify aims to future-proof its platform and give merchants more flexibility in how they accept funds—potentially reshaping the digital payments landscape.
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Shopify to Gradually Roll Out Stablecoin Payments Across U.S. and Europe
Shopify plans to gradually roll out stablecoin payments to merchants across the U.S. and Europe, with full access expected later this year.
To support the rollout, Shopify partnered with Coinbase to build a specialized payments protocol capable of handling retail complexities like chargebacks and refunds. This protocol operates on Coinbase’s Layer 2 blockchain, Base.
Additionally, Shopify collaborated with Stripe, one of its key payment processors, to seamlessly integrate stablecoin functionality into its existing software infrastructure.
These partnerships aim to ensure a smooth and secure experience for both merchants and customers, while expanding Shopify’s capabilities in the fast-evolving digital payments landscape.
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Shopify’s Crypto Push Taps Into Silicon Valley’s Stablecoin Momentum
Shopify’s entry into crypto reflects the growing excitement around stablecoins, one of the most talked-about sectors in Silicon Valley after AI.
Stablecoins are cryptocurrencies pegged to stable assets like the U.S. dollar, offering the benefits of blockchain without the usual volatility.
Supporters argue that stablecoins enable faster, cheaper cross-border payments by eliminating the delays and fees associated with traditional banking systems.
Instead of waiting days for wire transfers to clear, transactions can settle in seconds or minutes.
By adopting stablecoin payments, Shopify is tapping into this momentum, offering merchants and customers a faster, more efficient way to transact globally—especially important for small businesses and international sellers looking to streamline operations and reduce costs.
Also Read: France’s Societe Generale-Forge Debuts USD-Pegged Stablecoin ‘USDCV’ on Ethereum and Solana