CryptoProcessing by CoinsPaid, a leading crypto payment gateway, has integrated Arbitrum and Base, two advanced Layer 2 blockchains, to enable faster, cheaper, and more efficient cryptocurrency payments for merchants. The integration adds support for ETH (Ethereum) and USDC (USD Coin) on both networks, providing access to instant payments with dramatically lower gas fees while maintaining Ethereum-level security.
Aliaksei Tulia, CTO of CoinsPaid, emphasized the milestone, stating, "Adding support for Arbitrum and Base marks an important mission to make crypto payments frictionless at scale." He highlighted that these Layer 2 solutions allow partners to benefit from instant transactions, lower costs, and seamless scalability, crucial for businesses in high-volume or global environments.
Layer 2 blockchains are scalability solutions built atop Layer 1 networks like Ethereum, significantly improving transaction throughput and reducing costs without compromising the underlying security. Arbitrum leverages optimistic rollup technology to increase speed and lower fees, while Base is a secure, Ethereum-compatible Layer 2 designed to make decentralized applications more accessible.
The integration brings tangible benefits to merchants, including near-instant payment confirmations, significantly reduced gas fees on ETH and USDC, higher scalability for large transaction volumes, and trusted security with enhanced efficiency. This step underscores CoinsPaid's commitment to building a payment infrastructure that bridges traditional and decentralized economies.
