TL;DR: The case study referenced more than $42 million of net settled payments and over 448,000 payments on the underlying Commerce Payments Protocol dashboard as of October 2. Retail adoption should be...
Summary
- TL;DR: The case study referenced more than $42 million of net settled payments and over 448,000 payments on the underlying Commerce Payments Protocol dashboard as of October 2.
- Retail adoption should be judged by participating merchants, transaction completion rates, actual purchase demand and the payout experience.
- Base published a Shopify case study on October 29 describing how Shopify and Coinbase built a Commerce Payments Protocol that lets eligible merchants accept USDC through Shopify Payments.
- Under the design, customers pay with a dollar stablecoin while merchants may receive payouts in their local currency.
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