One of the world’s largest e-commerce marketplaces, Shopify, will add support for decentralized payment protocol Solana Pay. Users of millions of stores will be able to pay with stablecoins.
Solana Foundation’s director of business development and strategic partnerships, Josh Fried, tells us that the initial plan is to add support for USDC steiblcoin as part of the integration. The use of such stable coins is logical, as it is important for store owners to sell goods for a fixed cost.
“Some say that cryptocurrencies still don’t have an ultimatum way of being used. But it has emerged – payments! Everyone should be using them!”, Josh Freed stated.
The Solana Labs team is confident in the Solana blockchain’s suitability for everyday payments because there are “no bank fees, no middlemen, no chargebacks, and no lockup periods”