Early signals that the crypto industry—especially Ethereum—is gaining real momentum:
1. Stripe acquires Privy
2. Shopify enables USDC payments on Base
(Funny enough, I’d just tweeted that Shopify lacked ETH payments and no-one was working on it—looks like Base delivered.)
3. Circle, the issuer of USDC, goes public
Why this matters
1. Payments form the backbone of any business; when well-established companies begin accepting crypto, it lends the entire space greater legitimacy.
2. Lower friction enables “real” businesses. Easier payment rails let builders move beyond meme-coins and assemble mainstream products like Lego, benefiting the whole ecosystem.
A bit sad to see
1. Shopify’s crypto checkout came via Base, not community teams in Ethereum—proof that small, decentralized builders still struggle to close deals with legacy firms.
2. Ethereum still lacks a truly native stablecoin, and native stablecoin seems won't reach the goal like USDC and USDT.
Shopify will enable USDC (Stablecoins on @Base) in Checkout via Shopify Payments and Shop Pay. Early access starts today, roll out throughout the year.
We think that stablecoins are a natural way to transact on the Internet and worked with Coinbase to develop the commerce payment protocol smart contract that powers this work.
4
3.67K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.