It’s been a monumental few months for crypto, with the election of a pro-crypto federal government, BTC and USDC reaching new all time highs, and now the inclusion of COIN as the first and only crypto company in the S&P 500, a well-respected benchmark for the US economy. We are honored to be included and grateful for this recognition.
This is a major milestone, not just for Coinbase, but also for the entire crypto industry. Joining this prestigious index reflects how far Coinbase and the industry have come and is a signal of where the world is heading.
I’m proud of everyone at Coinbase who put in the hard work to help us get here - it has been a journey. But, this milestone wouldn’t be possible without the unwavering support of our customers, partners, builders, and employees carrying this industry forward. Together, we’ve not only built through the ups and downs of the market but also proven that crypto is here to stay.
TL;DR: Coinbase is partnering with Shopify to bring the future of commerce onchain. Beginning in June, consumers can pay with USDC on Base through Shopify Payments, bringing onchain payments to millions of storefronts.
