Coinbase Commerce is permanently shutting down on March 31, 2026. All merchants must withdraw their funds before that date. This article compares both platforms and explains how to migrate.

Coinbase Commerce was one of the most popular crypto payment gateways thanks to its simplicity and the Coinbase brand. Its shutdown leaves thousands of merchants looking for an alternative. If you are one of them, this guide compares Coinbase Commerce with Fivo and explains what changes (and what stays the same) when you switch.

Why is Coinbase Commerce shutting down?

Coinbase is replacing Commerce with a new product called Coinbase Business, which includes custody, bank off-ramps, and accounting integrations. However, Coinbase Business is currently available only in the US and Singapore, with plans to expand later in 2026.

For merchants outside the US and Singapore, this means Coinbase no longer offers a payment gateway product. These merchants need to find an alternative before March 31.

Feature comparison

Coinbase Commerce vs Fivo

Feature                Coinbase Commerce         Fivo
──────────────────────────────────────────────────────────────
Status                 Closing March 31, 2026    Active
Fee                    1% per transaction        0.5% on withdrawal
Stablecoins            USDC                      USDC + EURC
Chains                 4                         9 EVM
Cross-chain            No                        Yes (Circle CCTP)
Fiat settlement        No                        No (stablecoins)
Wallet infrastructure  Coinbase                  Circle
EURC support           No                        Yes
Merchant availability  Global                    Global

Fee comparison

Coinbase Commerce charges 1% per transaction. This fee is applied to every incoming payment, regardless of size or frequency.

Fivo charges 0.5% only when you withdraw funds from your Fivo wallet. Incoming payments are free. This means you can receive 200 payments and pay the 0.5% fee only once when you withdraw the total. On a $10,000 monthly volume, you pay $100 with Coinbase Commerce and $50 with Fivo.

Switching from Coinbase Commerce to Fivo cuts your payment processing costs in half. On $10,000/month, that is $600 saved per year.

Blockchain support

Coinbase Commerce supports 4 chains: Base, Ethereum, Polygon, and Solana.

Fivo supports 9 EVM chains: Ethereum, Polygon, Base, Arbitrum, Avalanche, Optimism, Linea, Unichain, and Sonic. This means your customers have more than twice as many chains to pay from.

One important note: Coinbase Commerce supports Solana, while Fivo focuses on EVM chains only. If a significant portion of your customers pay from Solana wallets, this is worth considering. However, the vast majority of USDC volume flows through EVM chains like Ethereum, Base, and Arbitrum.

Cross-chain payments

Coinbase Commerce does not offer cross-chain bridging. If a customer has USDC on Arbitrum but the merchant only accepts on Base, the payment cannot be completed.

Fivo solves this with automatic cross-chain bridging via Circle CCTP. The customer pays from any of the 9 supported chains, and USDC is automatically bridged to the merchant's preferred chain. No manual steps, no extra fees for the merchant.

Cross-chain bridging eliminates the biggest friction in crypto payments: chain mismatch. Your customers should never have to switch networks or bridge tokens manually just to pay you.

Stablecoin support

Coinbase Commerce: USDC only for stablecoins. Also accepts BTC, ETH, DAI, LTC, BCH, and other volatile coins.
Fivo: USDC and EURC. No volatile cryptocurrencies.

Fivo is the only payment gateway with native EURC support. If you serve European customers or price products in euros, EURC allows payments denominated in euros with zero currency conversion. 1 EURC = 1 EUR, always.

If you relied on Coinbase Commerce to accept Bitcoin or Ethereum (volatile assets), Fivo is not a direct replacement for that functionality. Fivo only processes stablecoin payments, which means no price volatility but also no BTC or ETH acceptance.

Integration differences

Coinbase Commerce offered a JavaScript widget, hosted checkout pages, and plugins for Shopify and WooCommerce. Fivo provides similar options:

Widget embed: a single script tag that adds a payment button to any website
Hosted checkout: shareable payment links for invoices and remote payments
REST API: full programmatic control for custom integrations

The integration effort is minimal. If you had Coinbase Commerce's widget on your site, replacing it with Fivo's widget takes about 5 minutes:

Replace Coinbase Commerce widget with Fivo

<!-- Remove Coinbase Commerce -->
<!-- <script src="https://commerce.coinbase.com/..."></script> -->

<!-- Add Fivo -->
<script async src="https://checkout.fivo.finance/v1/fivo.js"></script>

<fivo-button
  merchant-id="fivo_live_your-merchant-id"
  amount="25.00"
  currency="USDC">
</fivo-button>

Wallet and security infrastructure

Coinbase Commerce used Coinbase's own wallet infrastructure. Fivo uses Circle Programmable Wallets, which are institutional-grade wallets with hardware-level key management.

Circle Programmable Wallets use MPC (Multi-Party Computation) key management, meaning no single party holds the complete private key
Circle processes over $27 trillion annually in on-chain value
USDC reserves are audited monthly by a Big Four accounting firm (Deloitte)
Circle is MiCA-compliant, the first global stablecoin issuer to achieve EU regulatory approval

Migration checklist

If you are moving from Coinbase Commerce to Fivo, here are the steps:

1. Withdraw your funds from Coinbase Commerce before March 31, 2026
2. Create a Fivo account at fivo.finance/register. It takes under 2 minutes. A Circle wallet is created automatically.
3. Replace the widget on your website. Remove the Coinbase Commerce script tag and add the Fivo script tag.
4. Update webhooks. If you use webhooks for order fulfillment, configure them in the Fivo dashboard. The payload format is documented in the webhook documentation.
5. Test a payment using free testnet USDC from the Circle Faucet.
6. Go live. Switch to your production merchant ID and start accepting real payments.

What about Coinbase Business?

Coinbase Business is the successor to Commerce, but it is a different product with a broader scope (custody, accounting, off-ramps). As of March 2026, it is available only to merchants in the US and Singapore. If you are based in one of those countries and want to stay within the Coinbase ecosystem, it is worth exploring.

For merchants outside the US and Singapore, or those who want a focused stablecoin payment solution with more chain support and lower fees, Fivo is a strong alternative.

The bottom line

Coinbase Commerce was a solid product, and its shutdown is inconvenient for merchants who relied on it. The good news is that migrating to Fivo is straightforward, and you get several improvements: half the fees (0.5% vs 1%), more than twice the chain support (9 vs 4), automatic cross-chain bridging, and EURC for euro payments.

The main trade-off is that Fivo only supports stablecoins (USDC and EURC), not volatile assets like Bitcoin. If stablecoins are your primary payment method, the switch is a clear upgrade.

Ready to migrate? Create your free Fivo account and complete the switch before Coinbase Commerce closes on March 31.

Fivo vs Coinbase Commerce: Migrating to a Multi-Chain Stablecoin Gateway