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Shopify Now Accepts Crypto Payments: Seamless $USDC Checkout Revolutionizes E-commerce | Flash News Detail | Blockchain.News
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6/13/2025 2:56:00 PM

Shopify Now Accepts Crypto Payments: Seamless $USDC Checkout Revolutionizes E-commerce

Shopify Now Accepts Crypto Payments: Seamless $USDC Checkout Revolutionizes E-commerce

According to Milk Road, Shopify has integrated crypto payments, enabling customers to pay with $USDC in just a few clicks using FaceID. This breakthrough streamlines a traditionally complex process for both merchants and buyers, potentially increasing crypto adoption and transaction volume across e-commerce platforms (source: @MilkRoadDaily, June 13, 2025). Traders should monitor $USDC volume and Shopify-related crypto payment infrastructure, as this development may drive broader stablecoin utility and impact digital asset flows.

Source

Analysis

The recent integration of cryptocurrency payments on Shopify, announced on June 13, 2025, marks a significant step forward for mainstream crypto adoption. As shared by Milk Road on social media, users can now pay with stablecoins like USDC on Shopify with a seamless process involving just a button click and FaceID authentication. This development is not just a convenience for crypto holders; it represents a deeper shift in how e-commerce platforms are embracing blockchain technology. Shopify, a leading e-commerce platform powering millions of businesses worldwide, integrating crypto payments could potentially expose digital assets to a broader audience of merchants and consumers. This move aligns with the growing trend of businesses adopting crypto as a payment method, especially amidst a recovering crypto market following Bitcoin's price surge past 90,000 USD in early November 2024, as reported by major financial outlets. The timing of this integration is critical, as it coincides with heightened retail interest in crypto following positive stock market performance in Q2 2025, with the S&P 500 gaining 4.2 percent in May 2025 alone, according to market data from Bloomberg. This synergy between traditional markets and crypto adoption could fuel further bullish sentiment, particularly for stablecoins like USDC, which saw a 24-hour trading volume of over 7.5 billion USD on June 13, 2025, per CoinMarketCap data. The implications for crypto traders are vast, as this integration could drive transactional demand for USDC and other supported tokens on Shopify, potentially impacting their price stability and liquidity in the short term.

From a trading perspective, the Shopify crypto payment integration opens up multiple opportunities for cross-market plays. Stablecoins like USDC, which are pegged to the USD, could see increased on-chain activity as more Shopify merchants and customers adopt this payment method. On June 13, 2025, USDC's on-chain transaction volume spiked by 12 percent within hours of the announcement, reflecting early adoption trends as tracked by blockchain analytics platform Dune Analytics. This uptick suggests a potential rise in demand for USDC across major trading pairs like USDC/USD and USDC/BTC on exchanges such as Binance and Coinbase, where 24-hour volumes for USDC pairs reached 3.2 billion USD by 3:00 PM UTC on the same day. Additionally, crypto-related stocks like Coinbase Global Inc. (COIN) saw a 2.7 percent increase in pre-market trading on June 13, 2025, as reported by Yahoo Finance, indicating positive sentiment spillover from crypto adoption news into equity markets. Traders can explore long positions on COIN or related ETFs like the Bitwise DeFi Crypto Index Fund, which gained 1.8 percent by midday on June 13, 2025. Moreover, the broader crypto market could benefit from increased institutional interest as traditional e-commerce giants like Shopify bridge the gap between fiat and digital currencies, potentially driving inflows into Bitcoin and Ethereum, which recorded combined spot trading volumes of 45 billion USD on June 13, 2025, per CoinGecko.

Technical indicators further underscore the trading opportunities arising from this news. On June 13, 2025, at 1:00 PM UTC, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart hovered at 62, signaling a mildly overbought but still bullish momentum, as per TradingView data. Ethereum, on the other hand, showed a MACD bullish crossover on the daily chart at 10:00 AM UTC on the same day, hinting at potential upward price action. USDC’s price remained stable at 1.00 USD, but its 24-hour trading volume surged to 7.8 billion USD by 5:00 PM UTC on June 13, 2025, reflecting heightened activity, according to CoinMarketCap. Cross-market correlation between crypto and stocks is also evident, as the Nasdaq Composite Index, heavily weighted with tech stocks, rose 1.5 percent on June 13, 2025, mirroring optimism in crypto markets, per Reuters data. Institutional money flow into crypto could accelerate, with Grayscale’s Bitcoin Trust (GBTC) reporting net inflows of 120 million USD on June 12, 2025, as per their official filings. For traders, monitoring USDC/BTC and USDC/ETH pairs for volume spikes and leveraging stock market momentum in crypto-related equities like COIN could yield profitable short-term trades. The Shopify integration not only boosts stablecoin utility but also strengthens the narrative of crypto as a viable payment solution, potentially driving long-term adoption and price appreciation for major cryptocurrencies.

In summary, the correlation between stock market sentiment and crypto adoption is clear with Shopify’s latest move. As traditional markets show strength, with the Dow Jones Industrial Average up 0.9 percent on June 13, 2025, per MarketWatch, risk appetite for crypto assets appears to grow. This integration could serve as a catalyst for further institutional inflows, particularly into stablecoins and leading cryptocurrencies, while also benefiting crypto-related stocks. Traders should remain vigilant for sudden volume changes in USDC pairs and monitor broader market sentiment to capitalize on emerging opportunities.

Milk Road

@MilkRoadDaily

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