Coinbase Launches Global USDC Payouts and Payment Links – What Changes for Merchants

Core Insights - Coinbase has launched a new suite of tools on its Coinbase Business platform aimed at enhancing global money transfers for companies, featuring global payouts and payment links that utilize USDC, a stablecoin pegged to the U.S. dollar [1][2] Group 1: Global Payouts - The global payouts feature enables businesses to send USDC to any on-chain address or email, facilitating instant international transfers without high wire fees or delays [3] - Recipients can receive funds without gas fees on networks like Base or via email, even if they do not have a crypto wallet [3] - The platform includes contact management tools to save vendor details and reduce manual errors, along with a Payouts API for automated, batch, or scheduled payments, enhancing cash flow predictability [4] Group 2: Customer Payments - The payment links feature allows businesses to collect payments from customers globally through shareable links, enabling payments in USDC within seconds without network fees or chargebacks [5] - The upcoming Payment Links API will facilitate dynamic payment creation within applications or e-commerce flows, enhancing user experience [6] Group 3: Future Developments - The introduction of these features represents a significant evolution in Coinbase's merchant strategy, with plans to merge Coinbase Commerce with Coinbase Business, creating an integrated ecosystem with full custody and fiat cash-out capabilities [7]