Shopify, Coinbase Launch USDC Payments; Mastercard Expands Crypto Access

Major Payment Platforms Enable Instant Stablecoin Transactions for Millions of Merchants and Cardholders

  • Shopify and Coinbase allow merchants to accept USDC stablecoin payments, making crypto transactions easier for over 700 million customers.
  • Mastercard partners with ChainLink to let cardholders buy cryptocurrency directly on decentralized exchanges using their standard payment cards.
  • Stablecoin transactions through Shopify process instantly and cost less than traditional payment methods, with network fees typically under 1%.
  • The recent passing of the Genius Act and regulatory clarity for digital assets have increased institutional interest and boosted share prices for crypto companies.
  • Experts and business owners report lower costs, faster settlement, and broader international reach with stablecoin payments compared to bank transfers or credit cards.

On May 21, 2025, Shopify and Coinbase made USDC stablecoin payments available to merchants on the Shopify platform. The change lets businesses provide 24/7 crypto settlement for over 700 million customers worldwide. At the same time, Mastercard and Chainlink launched direct crypto purchases for Mastercard’s 3.5 billion cardholders, powered by a service called Swapper Finance.

- Advertisement -

This update comes as lawmakers passed the Genius Act, giving more regulatory clarity to stablecoins—cryptocurrencies tied to stable assets like the U.S. dollar. Following the news, Coinbase shares jumped 16% and Circle—the company behind USDC—rose 25%. According to Shopify’s announcement, USDC’s monthly global payment volume exceeded $1 trillion, with transaction activity growing 78% year-over-year across 21 blockchain networks.

Merchants can now choose USDC payments through Shopify Payments. The platform manages technical steps automatically, so sellers do not need to understand crypto wallet management or security. “Coins like USDC are especially appealing to buyers because they’re stable compared to other crypto assets … With this new update, the checkout experience will be much smoother, which I think will encourage even more adoption,” said Phurba Sherpa, director of e-commerce at Wrist Aficionado.

With the Mastercard-Chainlink partnership, consumers can use their existing payment cards to buy digital currency without setting up a crypto wallet or using a separate exchange. Raj Dhamodharan, Mastercard’s executive vice president of blockchain, stated, “This is what crypto looks like when it’s ready for the real world.” The service uses blockchain technology, which keeps a public record of every transaction.

Early adopters pointed out that crypto payments offer lower fees and faster settlements than regular payment processors. For example, traditional credit card fees can be over 3%, while stablecoin transactions often cost less than 1%. Payments settle instantly worldwide, bypassing bank delays and currency conversion fees, which can reach 2–5% per transaction.

- Advertisement -

Laura El, founder of online art business Stellar Villa, said, “I’ve been able to collect payment from buyers around the world in a matter of seconds … When I accept USDC payments directly to my digital wallet, the only cost I incur is a small transaction fee, which on networks like Base or Solana can be just fractions of a penny.”

Past crypto payment programs included VISA-taps-solana-and-usdc-stablecoin-to-boost-cross-border-payments”>Visa’s 2023 pilot with USDC cross-border payments and earlier retail experiments by Whole Foods and Barnes & Noble, as reported here. The current scale and support from finance leaders mark the largest step yet in moving digital assets into everyday commerce.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

STRC Sales Surge, Eye Record Single-Day Bitcoin Buy

A community dashboard tracking Strategy's STRC sales suggests March 12, 2026 could see the...

SEC’s Peirce Urges Simpler Rules Amid Tokenization Talks

SEC Commissioner Hester Peirce argues regulators should avoid micromanaging markets and consider simplifying disclosure...

Rust VENON Malware Targets Brazilian Banking Apps

A new Rust-based banking Trojan named VENON is targeting Brazilian users, departing from the...

Ethereum Holds $2K Amid ETF Inflows, Gains Across Timeframes

Ethereum (ETH) is holding above $2,000 despite a volatile market, showing gains across most...

OP Labs Lays Off 20 Staff as Optimism Focus Narrows

OP Labs, the core developer behind the Ethereum layer-2 Optimism network, has laid off...

Must Read

12 Hosting Providers To Buy VPS With Bitcoin: An Expert Guide for 2026

You need a VPS. You want to pay with Bitcoin. Simple enough, right?Not quite. The market for crypto VPS = VPS hosting that accepts...