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Coinbase Commerce Adds Support for Dogecoin Payments

The memecoin is only the sixth crypto to be integrated with Coinbase’s e-commerce platform.

작성자 Danny Nelson
업데이트됨 2023년 5월 9일 오전 3:21 게시됨 2021년 7월 21일 오후 8:53 AI 번역
Dogecoin Joke Is Turning Serious In Latest Crypto Binge

Coinbase’s e-commerce platform has begun accepting dogecoin payments.

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Announced on Twitter Wednesday, the integration places DOGE alongside bitcoin, bitcoin cash, ether, litecoin and USDC as one of only a handful of Coinbase Commerce’s supported cryptos.

It will add fuel to the resurgent memecoin’s bid for crypto payments. Coinbase Commerce allows online merchants to accept cryptocurrencies.

Read more: DOGE Adoption on the Rise. Dallas Mavericks to Accept Dogecoin for Tickets, Merchandise

This year, billionaire Mark Cuban began taking dogecoin for Dallas Mavericks merch. Elon Musk is also accepting dogecoin as launch payment on an upcoming SpaceX mission.

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Crypto's role in payments for AI, regulatory changes and the digital asset market dominated conversations on the ground.

What to know:

  • Speakers at CoinDesk's Consensus Hong Kong conference said crypto and stablecoins are likely to become the default payment tools for autonomous AI agents in an emerging "machine economy."
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  • Hong Kong regulators are pressing ahead with crypto rules even as others wait to see how U.S. legislation develops.