Thinking of hooking up crypto payments on your webstore?

Coinbase announced a new plugin that adds crypto payments functionality to millions of websites.

The new plugin essentially enables WooCommerce stores to accept cryptocurrencies directly into a decentralized Coinbase wallet. These webstores are mainly powered by WordPress, which is claimed to be used by anywhere between 28 and 40 percent of businesses to power their websites.

The plugin uses an “open financial system”, which provides a peer-to-peer network that accepts payments with cryptocurrencies. This lets the users interact with each other by cutting additional fees during transactions.

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