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