Hi folks, a very short post here on a plugin I’ve recently built allowing merchants to accept USDC on Wordpress.

The business case for merchants is simple:

• Credit cards often cost 2-3%, sometimes more

• Ethereum USDC transactions right now cost $0.6

For higher value transactions in particular, it’s cheaper to accept USDC.

What are the problems:

1. Customers have to pay for the gas but don’t pay for credit card fees.

The solution is to let merchants pay for the gas fees - stay tuned!

2. Gas fees are only low because crypto is low

Yes! But there is a window now and this gives more time for L2s to mature.

Want to guess what L2s I’m considering and why?