Coinbase has introduced an replace to its Coinbase Commerce platform that goals to resolve key ache factors for retailers accepting cryptocurrency funds.
In a blogpost, the corporate stated that the improved product will tackle volatility and complexity issues with crypto transactions. As well as, it’ll additionally present a single integration for enterprise customers and allow seamless connections to platforms like WooCommerce, Primer, and Jumpseller.
“This enhancement affords retailers volatility-free funds, low transaction charges, and prompt settlement throughout lots of of currencies, out there on Base and different EVM networks.” Coinbase mentioned within the weblog put up.
Moreover, the brand new protocol robotically converts any crypto into the stablecoin USD Coin (USDC) to take away volatility. Different notable options embody low switch charges, real-time transaction affirmation for higher person expertise, and assist for main cryptocurrencies on Ethereum, Polygon, Base, and for US retailers – Solana and Avalanche.
Coinbase Commerce was first launched in 2018 as an answer for giant retailers to just accept crypto as cost. The trade mentioned hundreds of retailers presently use the platform however usually fear about crypto market volatility.
Additionally Learn: Coinbase Experts Temper Expectations for Immediate Bitcoin ETF Impacts
