Coinbase Introduces Onchain Payment Protocol for a Revolutionary Payment Experience

Coinbase has introduced the open-source Onchain Payment Protocol on Coinbase Commerce, aiming to revolutionize the payment experience. This development signifies a significant step towards faster, more cost-effective, and globally accessible cryptocurrency payments. On the other hand, the move is seen as preparation for a bull season. Similar to the revolution the internet brought to access to information, Coinbase envisions a future where onchain becomes the new standard for online transactions. The Onchain Payment Protocol addresses significant challenges faced by investors such as cryptocurrency volatility and simplifies complexities encountered by consumers in crypto transactions.

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