Coinbase Global (NASDAQ:COIN) has added support for seven additional cryptocurrencies on its Commerce platform in a bid to expand crypto payment options for merchants and consumers, the company wrote in a blog post Tuesday. The crypto exchange now supports a combination of cryptos and stablecoins, including bitcoin (BTC-USD), ethereum (ETH-USD), USD coin (USDC-USD), bitcoin cash (BCH-USD), litecoin (LTC-USD), dai (DAI-USD), tether (USDT-USD), apecoin (APE-USD) and shiba inu (SHIB-USD). Merchants can manage which cryptos they'd like to accept or ignore, as well as choose to hold or auto-convert any crypto balance to U.S. dollars. Note that only Coinbase-managed accounts are allowed to auto-convert. Previously, (July 22, 2021) Coinbase to accept dogecoin for commerce payments.
