Coinbase Commerce, a platform that enables merchants to accept cryptocurrency payments, has listed the dogecoin (DOGE) cryptocurrency as an option to pay for goods. According to the exchange's estimates, Coinbase Commerce serves over 8,000 retail outlets around the world.
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much payment. very commerce. 🐕
— Coinbase Commerce (@CommerceCB) July 21, 2021
Just a quick blast to let you know we’re now accepting commerce payments in Dogecoin (DOGE)!
Earlier in May, Coinbase Commerce partnered with Sotheby's to help the British-founded auction house to accept bitcoin (EXANTE: Bitcoin) and ether (ETH) as a payment method. In addition to DOGE, BTC and ETH, Coinbase Commerce also supports bitcoin cash (BCH), litecoin (LTC), and the USDC stablecoin.
As iHodl previously reported, Coinbase faced a $5 million class-action lawsuit over vague rules of a dogecoin-related contest. According to a complaint, filed by David Suski, the marketing firm hired by Coinbase intentionally used "false and misleading digital ad campaigns" to hide the possibility of free participation.
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