The company also plans to operate a node that processes transactions for the Facebook-originated stable coin. Techcrunch reports that if Libra manages to assuage international regulators’ concerns, Shopify could gain a way to process transactions without paying credit card fees. Also, Libra is designed to move between wallets with zero or nearly-zero fees, which could save money for Shopify and the 1 million merchants running online shops on its platform.
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