The Verge
Google is partnering with Coinbase to let customers pay for its cloud services in “select” cryptocurrencies (via CNBC). According to Coinbase and Google, crypto-based payments will become available to customers in the Web3 space early next year to start.
To enable these payments, Google will use Coinbase Commerce, a tool that lets businesses receive, accept, and convert cryptocurrencies, including Bitcoin, Ethereum, USD Coin, Tether USD, Dogecoin, Shiba Inu, and others. As noted by CNBC, Coinbase will take a cut of transactions made through its commerce tool. Google plans on utilizing Coinbase Prime as well, an “institutional-grade” crypto trading platform primarily built for large companies, to store and trade cryptocurrencies.
As part…