Big Tech’s fever for stablecoins won’t stop. The e-commerce giant Shopify announced Thursday that it was rolling out stablecoin payments to all users on its platform later this year in its largest crypto play yet.
The publicly traded tech company lets merchants—including vintage clothes sellers, cosmetics businesses, and electronics companies—set up their own online marketplaces. By late June, Shopify will let a select group of users accept payments in USDC, a stablecoin issued by the crypto company Circle, which recently had one of the year’s hottest IPOs.
