Shopify now enables merchants using Shopify Payments to accept USDC (USD Coin) stablecoin transactions on the Base network. This update simplifies global crypto payments without requiring technical expertise—just opt-in via your Shopify admin dashboard.
Key Features of USDC Payments
- Seamless Integration: Built directly into Shopify Payments; no third-party apps needed.
- Global Reach: Available in 34 countries at launch (regional restrictions apply).
- Flexible Payouts: Choose automatic conversion to local currency or receive USDC in your crypto wallet.
- Zero Extra Fees: Pay standard Shopify Payments rates—no gas or foreign exchange fees.
- Enhanced Security: Smart escrow contracts ensure secure transactions (chargebacks not applicable).
👉 Learn how to enable USDC payments
How USDC Works on Shopify
USDC is a dollar-pegged stablecoin that mitigates the volatility of traditional cryptocurrencies. Transactions occur on Base (Coinbase’s Ethereum L2 network), ensuring fast, low-cost settlements.
Merchant Benefits
- Automatic Conversion: Funds convert to local currency and deposit into your linked bank account.
- Direct Crypto Payouts: Optional USDC payouts to a Base-compatible wallet.
- Rebate Program: Coming soon—discounts on Shopify Payments fees for USDC transactions.
FAQs
1. Is crypto knowledge required to accept USDC?
No. Enable USDC in your Shopify admin → Payments Settings.
2. Which countries support USDC payments?
34 countries initially. Excludes New York, Texas, Pennsylvania, and Alaska until 2025.
3. How does USDC affect checkout?
Customers see it as another payment option (e.g., alongside credit cards).
4. Can I disable USDC later?
Yes. Toggle it off anytime in Payment Settings.
5. Are USDC transactions secure?
Yes. Smart contracts prevent fraud—no chargebacks.
👉 Explore Shopify’s crypto payment options
Getting Started
- Check Eligibility: Look for a notification post-June 12 or visit Payments Settings.
- Opt In: Enable USDC in your admin dashboard.
- Choose Payout Method: Select auto-conversion or USDC wallet payouts.
Pro Tip: Inform customers about USDC payments via product pages or checkout banners to boost adoption.
For details, refer to Shopify’s USDC Payments Guide.