Coinbase recently announced that it would be removing support for native Bitcoin (BTC) payments across its payment platform for merchants, Coinbase Commerce.
The company’s head of product, Lauren Dowling, stated on her X account on February 18 that “customers were struggling with operational challenges managing crypto volatility risk, manual burden of resolving incorrect payments (eg: underpaid) and limited asset support.”
1/ Hey folks, I’m the product lead for Coinbase Commerce and want to share some thoughts on how the product is evolving, why we’ve made these changes, and clarify what it means for our asset support strategy moving forward.
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