#CoinbaseCommerce product lead has posted about its evolution on X as she seeks to address challenges faced by users in managing #crypto payments. The transition involves the implementation of an open onchain payments protocol using smartcontracts and EVM tools, aiming to provide a seamless experience for users. The new product supports a variety of assets across different networks, automatically converting payments to $USDC at a guaranteed rate for merchants. Notably, native #Bitcoin and other #UTXO support have been removed, but users can still pay with UTXO assets from their #Coinbase accounts. The changes have resulted in higher conversion rates and positive feedback from merchants apparently.