You betcha! Makes it super easy for merchants to accept Steem without having to do the conversions themselves. Coinpayments is very similar to Bitpay.
And I agree Steem merchant adoption should be something every loyal Steemian should be aware of and actively contributing towards. It does not take much to talk to a store owner and tell them the benefits of accepting Steem and how easy it can be with @coinpayments.net
It is interesting that their account has been around on STEEM since Oct 2016.
undercover OGs haha
I remember @andrarchy talking about an eBay analogue being worked on for the steem blockchain. Maybe this is what he meant?