What is Coinbase's 'Onchain payment protocol'?

Coinbase has built an open source “Onchain Payment Protocol” to improve its Commerce product. The protocol currently supports Ethereum, Polygon and Base ecosystems. Crypto exchange Coinbase has developed an open source "Onchain Payment Protocol" to improve its Commerce product.

Does Coinbase Commerce accept Onchain payments?

Thousands of merchants globally have trusted Coinbase Commerce to accept billions of dollars in onchain payments. Yet, merchants often struggle with crypto volatility, while consumers find the payment experience daunting.

What is Onchain payment protocol?

Central to this product update is our Onchain Payment Protocol, a universal standard we've developed to unify and simplify onchain payments. This solution ensures clarity, reliability, and a consistent experience for all users, irrespective of their platform or wallet choice.