Shopify and Coinbase Partner for Seamless USDC Payments Shopify support for USDC payments via Coinbase's Base network is an e-commerce innovation, giving merchants and consumers a frictionless, low-cost way of transacting anywhere globally. Shopify merchants can now accept USDC payments from consumers anywhere, via their existing checkout and order fulfillment flows—no new integrations or third-party gateways necessary. Customers can pay with USDC on Base using hundreds of supported crypto wallets, whether they’re checking out as guests or using Shop Pay, making the process both flexible and user-friendly. How Base Network Slashes Costs and Speeds Up Settlements For merchants, the experience is designed to be as familiar as possible. By default, USDC payments are settled automatically to the merchant's local currency, with the payout credited directly to their existing bank account. This eliminates the hassle of foreign exchange or multi-currency fees, which are standard pain points for traditional cross-border trade. Merchants who prefer to hold crypto can instead withdraw their USDC balance directly to their own wallet. With Shopify's ongoing integration with Stripe, the complexity of crypto payments is tucked out of sight, allowing merchants to manage their money more simply and with greater flexibility. Such new payment infrastructure is powered by a smart contract-based protocol designed for e-commerce by Coinbase and Shopify. The protocol brings to digital payments the same ”authorize now, capture later” ease of merchants with credit cards but with the speed and international coverage of stablecoins. Refunds, chargebacks, delayed capture, and regulatory compliance are all natively enabled, so merchants do not lose any of the safeguards they have with older payment rails. Stablecoins and the Future of Global Commerce One of the greatest advantages of USDC on Base is the fast and low-cost processing of cross-border payments. Classic cross-border payments have long settlement cycles and numerous layers of intermediaries, but stablecoins facilitate settlements that are almost immediate and direct, taking the trouble out of going global for small and medium-sized enterprises. Shopify is also introducing rewards: merchants who process USDC transactions will be able to receive up to 0.5% cashback on sales, and soon U.S. customers will get 1% cashback on purchases, further promoting use. But Shopify's decision to accept USDC only on the Base network has been met with criticism in the crypto community. Industry leaders like Mert Mumtaz, CEO of Solana developer Helius, questioned why Shopify would restrict access to a single blockchain when USDC already inter-operates across many varied networks. Most developers believe that supporting additional blockchains will expand access, decrease transaction friction, and encourage even further engagement in decentralized finance. Despite all this grumbling, Shopify's move is being hailed as one of the most significant real-world applications of stablecoins in commerce ever. By late 2025, the company plans to provide USDC payments to merchants globally, with early access already rolled out to a small group of select U.S. merchants. Shopify CEO Tobi Lütke emphasized that for the overwhelming majority of merchants, the process is totally transparent—they'll just receive their payouts in their local currency unless they'd rather keep USDC. “It’s all transparent to merchants. They will simply get normal local currency payouts the same as usual (unless you choose to keep it as USDC).” — Tobi Lütke, Shopify CEO Overall, Shopify's USDC integration through Base is set to cut merchant fees, accelerate settlements, and bring stablecoins into the mainstream of global e-commerce. While the narrow blockchain support has triggered controversy, ease of use, cost reduction, and worldwide reach are already converting early adopters—and may usher in a new era for crypto payments in online shopping.
Shiba Inu (SHIB) just witnessed one of its most dramatic burn events yet—over 116 million tokens were removed from circulation in a single night, pushing the burn rate to a jaw-dropping 112,000%. This unexpected development has reignited community interest and fueled speculation about a possible price rebound. As investors watch closely for signs of a breakout, the question remains: is this burn a catalyst for SHIB’s next rally—or just another flicker in a bearish trend? Will Shiba Inu (SHIB) Bounce Back or Fall Further? Source: tradingview Shiba Inu's price is hovering between $0.00001178 and $0.00001333, with bears holding ground. SHIB is facing stiff resistance at $0.00001416 and has support at $0.00001106, making bulls appear weak. The 10-day moving average is close to the current prices, but it's below the 100-day average, signaling a downward trend. Its price has dropped over 56% in six months, showing limited growth. However, breaking through $0.00001416 could spark a rally towards the next resistance of $0.00001571, a potential climb of around 19%. The relative strength index sits near neutral, hinting at a possible shift in momentum if buying interest grows. Conclusion Despite the massive token burn, Shiba Inu’s price remains caught in a tight range, with bearish momentum still in control. However, if bulls manage to break through the key resistance at $0.00001416, it could trigger a near 20% rally. While the short-term outlook is uncertain, the unprecedented spike in SHIB’s burn rate could gradually tighten supply—and potentially lay the groundwork for future upside. For now, all eyes are on whether this burn marks a turning point or a temporary spark in SHIB’s ongoing consolidation. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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XRP price has struggled amid significant market fluctuations. Whale sales contributed to downward price pressure on XRP. Continue Reading: Watch XRP’s Struggle to Maintain the $2 Mark in a Volatile Crypto Market The post Watch XRP’s Struggle to Maintain the $2 Mark in a Volatile Crypto Market appeared first on COINTURK NEWS .
Cardano’s ADA token declined 6.01% to $0.6412 as the market reacted to both macro volatility and a heated governance debate over a proposed $100 million treasury allocation aimed at strengthening the DeFi ecosystem. On Wednesday, the TapTools team asked its followers on X what they think about the idea of deploying 140 million ADA (around $100 million) to provide liquidity for stablecoins like USDM and help power Cardano’s growing decentralized finance sector. Not everyone is on board. Influential account @cardano_whale argued that introducing 140 million ADA in sell pressure under current market conditions would be damaging. He acknowledged the potential long-term DeFi benefit but warned that governance proposals are typically front-run by traders, meaning any public plan to sell ADA at $0.70 might end with that supply being sold at $0.50. Instead, he favored minting crypto-backed stablecoins like ObyUSD to avoid direct selling pressure. Cardano founder Charles Hoskinson pushed back strongly, calling the sell pressure concerns a “false narrative.” In his view, tthe treasury could convert the 140 million ADA gradually over-the-counter or through algorithmic execution strategies like time-weighted average price (TWAP) orders to avoid market disruption. He emphasized that Cardano’s lack of stablecoin depth is holding the ecosystem back, and this initiative could not only address that gap but also generate sustainable, non-inflationary revenue for the treasury. The community remains divided. While some see it as a bold step to finally give Cardano DeFi a stable foundation, others view the plan as premature, particularly given current market weakness and ADA’s inability to hold above $0.68. The debate has become a litmus test for how Cardano balances long-term growth with near-term token economics. Technical Analysis Highlights ADA fell from $0.688 to $0.625 before bouncing back to $0.641, a 6.01% drop on the day. Volume spiked during the breakdown between 01:00–02:00 UTC, establishing strong support at $0.622. A 58% recovery off the lows formed a rising channel, with higher lows pointing to mild accumulation. Resistance at $0.645 has capped upward momentum for now, with buyers stepping in near $0.636. Volume peaks at 13:50 and 14:00 UTC (2.6M and 5.7M ADA) suggest renewed interest but limited follow-through. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy .