TL;DR

• Shopify merchants can now accept hundreds of different cryptocurrencies via Solana, bringing more use cases to the crypto space (and more value by proxy).

Full Story

“Crypto news media doesn’t repeat itself, but it certainly rhymes”
— Us, said just now.

We closed out yesterday’s lead article with this:

“The easier a luxury brand (or any business) makes it for cashed-up folks to spend their crypto → the more money they’re likely to make as a result.

(The real opportunity here lies in the fact that so few businesses accept crypto)”

And today we got wind of this:

The crypto payments platform Helio just made a massive update to its Solana Pay plugin for Shopify, allowing millions of Shopify merchants to accept payments in hundreds of different cryptocurrencies.

Which is important, because:

The more use cases crypto has → the more valuable crypto becomes → the more crypto payment integrations exist → the more use cases crypto has.

It’s a beautiful self-perpetuating cycle of adoption 🥲