Shopify enables USDC payments via Solana Pay integration

Shopify now supports Web3 commerce features like cross-border transactions and NFT loyalty schemes through its integration with Solana Pay


Paul McKinnon/Shutterstock, modified by Blockworks


Solana Pay is now integrated with Shopify, enabling enterprises on the e-commerce platform to leverage the protocol for transactions.

Through the close of 2023, millions of entrepreneurs and merchants will have access to no-fee, Web3-native payments, the team said on Wednesday.

Shopify payments can now serve as a portal for a Web3 commerce experience, facilitating cross-border transactions, token-based incentives and NFT loyalty schemes for merchants utilizing Solana Pay, according to a statement.

Loading Tweet..

Josh Fried, a senior business development manager at Solana, told TechCrunch that the initial payment gateway for this Shopify integration will be USD Coin, a stablecoin with a market cap of $25.9 billion. This strategic selection aims to attract merchants more inclined to accept payment options closely aligned with the US dollar. 

Solana is reportedly also considering the prospective addition of other digital assets, including SOL and BONK, a Solana meme coin.

Introduced last year, Solana Pay is engineered to facilitate dollar-pegged stablecoin transactions for both vendors and shoppers. The platform is tailored for online as well as point-of-sale transactions, with the capability to handle any volume of digital dollar transfers on Solana’s blockchain.

The Solana ecosystem has over 11.5 million active users, with an average transaction cost of a mere $0.00025.

Major crypto entities like Circle and Phantom, along with payment processors such as and Citcon, have embraced Solana Pay.

Additionally, Solana projects like MonkeDAO, MadLads, Helius and Solana’s merch store have incorporated Solana Pay into their Shopify-operated online shops.

Solana Labs’ Saga phone also supports the payment method.

Shopify has previously ventured into Web3 by allowing merchants to provide NFT-based loyalty incentives and directly sell NFTs to consumers.

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.


Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research Report Templates.png


ZKPs enable efficient offchain transaction processing and validation, resulting in increased throughput and reduced fees. Solana's ZK Compression leverages ZKPs to minimize onchain storage costs, while Sui's zkLogin streamlines user onboarding by replacing complex key management with familiar OAuth credentials.


The crypto asset manager lowered its planned fee from 0.25% to 0.15%, undercutting its competitors


Plus, a look at planned ETH ETF fees and how they differ from their BTC counterparts


North Korea suspected in breach of Indian exchange’s multisig wallet


Plus, Sanctum’s CLOUD token has officially launched — but not without problems


It’s not yet clear whether Donald Trump is pumping bitcoin. But an unofficial memecoin is still seeing benefit.