Shopify Inc has recently partnered with Coinbase Global Inc  and Stripe Inc to enable merchants across 34 countries to accept payments in USDC, a stablecoin pegged to the US dollar. Influencers on the social media platform “X” have overwhelmingly praised the move as a pivotal step toward mainstream crypto adoption, highlighting its potential to reshape global e-commerce, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company.

Smitarani Tripathy, Social Media Analyst at GlobalData, comments: “Influencers   view the partnership as a transformative moment for e-commerce and cryptocurrency. Many highlighted the seamless integration and consumer incentives like cash back as game-changers. Some influencers celebrated the partnership as a win for global commerce, emphasizing its potential to empower merchants and consumers in underserved markets. Others framed it as a milestone for Coinbase’s Base network, predicting it could spark a wave of stablecoin adoption across other platforms.”

Below are a few popular influencers opinions captured by GlobalData’s Social Media Analytics Platform:

  1. Patrick Shyu, Ex-Tech Lead at Google:

“Interestingly, Coinbase is building a closed-loop ecosystem: USDC + Base.

This is the next internet war. Default payment method is “USDC on Base,” a stack owned by Coinbase with partners Shopify & Stripe. Offering 1% cashback. If successful, it’ll be an entire app ecosystem.”

  1. Jevgenijs Kazanins, Product manager at LHV Bank:

“One thing I don’t see being discussed enough about the Shopify $SHOP and Coinbase $COIN partnership is consumer incentives. Shopify plans to offer 1% cash back to customers. Boom! The “credit cards are forever” thesis just took a major blow.”

  1. Nick Tomaino, Founder at 1confirmation:

“The vision at Coinbase in 2013 was every merchant would use crypto for online payments. The vision is now here. We thought it would be Bitcoin, but its stablecoins on Ethereum.”

  1. Ryan Sean Adams, Founder of Bankless:

“Shopify just partnered with Coinbase for USDC stablecoin payments on Base for all Shopify stores. 5.5m merchants. BTC and ETH eating store of value. Stablecoins eating payments.Ethereum eating finance.

  1. Ian Balina, Founder and CEO of Token Metrics:

“Clearer rules attract giants. Coinbase is launching a Bitcoin rewards card with Amex and eyeing US futures. Shopify plugged USDC into every store on Base.”