Coinbase Business is introducing global payouts and payment links, enabling businesses to send and receive USDC with low fees, instant settlement, and global reach.

These tools simplify vendor payments, eliminate chargebacks, and offer seamless API integrations, empowering businesses to scale efficiently, Coinbase said in a blog post. "The launch of these new features also marks the next phase for our merchant solutions.

As part of this evolution, we will be unifying Coinbase Commerce with Coinbase Business in the coming months. Coinbase Business will offer powerful and integrated solutions, which include full custody and cash-out capabilities that were not available in the standalone Commerce product. We will be in touch with existing Coinbase Commerce customers regarding next steps."