PANews reported on June 13 that according to The Block, the e-commerce platform Shopify announced a partnership with Coinbase and Stripe to support merchants to accept USDC stablecoin payments issued by Circle. Through this service, consumers can use USDC on the Base chain to pay in 34 countries, and merchants can choose to receive payments in local fiat currency and deposit them directly into their bank accounts. Shopify's chief operating officer said that the partnership will help merchants easily cope with global stablecoin payment needs without having to build their own encrypted payment infrastructure. Coinbase also jointly launched the "Commercial Payment Protocol" with Shopify to solve the application bottleneck of cryptocurrencies in commercial payment scenarios.