Coinbase Commerce, the e-commerce branch of the largest U.S-based crypto company, has added Dogecoin payments to its platform.
With this new development, the meme-based token has become the 7th cryptocurrency to be accepted on the platform. Coinbase Commerce announced the addition via its official Twitter page earlier today.
much payment. very commerce. 🐕
— Coinbase Commerce (@CommerceCB) July 21, 2021
Just a quick blast to let you know we’re now accepting commerce payments in Dogecoin (DOGE)!
Other crypto assets earlier added to the platform include Bitcoin (BTC/USD), Litecoin (LTC/USD) Bitcoin Cash (BCH/USD), Ether (ETH/USD), and stable coins USD Coin and Dai (DAI).
Coinbase Commerce keeps expanding
Coinbase Commerce has been busy in the market, with series of integration and partnerships. The most recent is becoming Sotheby’s payment partner during the auctioning of the “Love Is in The Air” protest artwork.
In March last year, the platform announced it has crossed $200 million when it comes to total processed transactions. Presently, more than 8,000 retailers are utilizing the platform for payment services. Product lead at Coinbase Commerce John Zettler commented that among the 7 listed cryptocurrencies, Bitcoin is the most utilized by users for payments.
More spending options for Dogecoin holders
Users of Coinbase Commerce can now convert their crypto payments into USDC, pounds, euros, or US dollars without leaving the e-commerce platform.
Already Dogecoin proponents are expressing their excitement about the development, as it could lead to more adoption of the token. The token is gradually seeing a surge after hitting lows the previous week. Elon Musk’s reassurance of support for the token along with present market sentiment could
