Coinbase Commerce, the merchant payment platform by Coinbase, no longer supports native Bitcoin and other UTXO-based coins. Lauren Dowling, the head of product, announced this decision on X, citing complexities in implementing recent updates for Bitcoin on its EVM payment protocol. The platform now focuses on enforcing payment details onchain, supporting numerous assets, and converting payments to USDC onchain for merchants. CEO Brian Armstrong mentioned efforts to integrate the Lightning Network for future Bitcoin payments, highlighting a move towards more efficient transaction solutions. This change has sparked debate among users, emphasizing concerns over the impact on Bitcoin adoption and merchant inclusiveness.
