How Coinbase Is Using an Ethereum Upgrade to Help Merchants Accept USDC

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Coinbase Commerce is putting ethereum’s most recent upgrade, Constantinople, to use for thousands of retailers and merchants around the world.Launched early last year, Coinbase Commerce is an app for online vendors wanting to accept payments in crypto and integrate these purchases into existing business cash flows.As reported by CoinDesk in May, over $50 million in transactions have been processed through Coinbase Commerce by 2,000 merchant clients, including e-commerce giant Shopify.Recently, the application added support for ethereum-based stablecoin USDC. On Wednesday, Coinbase Commerce software engineer Bojan Joveski released a blog post discussing the new ethereum feature that makes USDC payments possible.“CREATE2 is very recent addition to the ethereum ecosystem and it’s very important because it enables workflows that were impossible or at least very impractical before,” said Joveski. “Now, developers can simulate interactions with the blockchain without deploying their [smart] contracts on there.”Joveski added:CREATE2 was activated on the ethereum blockchain in…

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