According to Techcrunch reports, the e-commerce website Shopify will introduce Solana Pay in the next few months. It will first support the native version of the USDC stable currency payment option. In the future, merchants on the platform can use this function to receive cryptocurrency as payment. A wave of online functions includes Solana’s version of USDC and meme token Bonk. In the future, Solana will also add more crypto tokens on the Solana chain to expand the cryptocurrency payment scenario to more business scenarios.

Solana Labs introduces this product into the killer APP called cryptocurrency. By combining payments and crypto assets, it will bring faster transaction performance and cheaper fees to everyone, with an average of only $0.00025 per payment. , far cheaper than the 1.5% to 3.5% fees charged by credit cards. Cooperation with Shopify, which accounts for 10% of the US e-commerce market, is a reflection of the company's in-depth exploration of the possibilities of Web3.

This cooperation spurred the Solana token to rise by 5.6%, with the currency price reaching US$21, exceeding the 3% increase in the market within 24 hours. The performance was also much higher than the increase of other mainnet tokens. Solana Labs also sold a token this year. The first encrypted smartphone shows that Solana is committed to creating diverse application scenarios for encrypted assets and real life.

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This article MICA Daily｜Shopify will support Solana Pay, allowing merchants to accept cryptocurrency payments. First appeared on Blockchain.