TechFlow reports that Coinbase Commerce, Coinbase's merchant payment solution, has launched an enhanced experience based on its new open-source on-chain payment protocol to simplify and standardize on-chain payments. The open-source on-chain payment protocol offers instant settlement, low fees, and broad asset support to improve the payment experience for merchants and their customers, while also allowing other payment processors and businesses to build on top of it.
The open-source on-chain payment protocol automatically converts the currency selected by customers into USDC at a guaranteed exchange rate, simplifying accounting and operations for your business. Customers can pay on Base, Ethereum, and Polygon using their preferred wallets and currencies.
