TLDR Crypto · INNOVATION & LAUNCHES

COINBASE BOOSTS COMMERCE PRODUCT WITH 'ONCHAIN PAYMENT PROTOCOL' ON ETHEREUM, POLYGON, AND BASE

theblock.co2 min read

Summary from the TLDR Crypto newsletter

Coinbase has enhanced its Commerce product with a new open source Onchain Payment Protocol. Aimed at facilitating a better payment experience, the feature supports Ethereum, Polygon, and Base ecosystems for now. The upgrade also addresses common problems merchants and customers face such as crypto volatility. By offering automatic crypto conversion to USDC, Coinbase is making the product more user-friendly and efficient.