Coinbase arm seeks Southeast Asia foothold with baht, peso stablecoins

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2024-12-24 11:48:33

The crypto giant wants to build up developer teams in Thailand and the Philippines. Transactions with stablecoins backed by local currencies will be the way to mass adoption of blockchain technology in Southeast Asia, said an executive of global cryptocurrency giant Coinbase. At present, Coinbase Exchange has no plans to enter Southeast Asian jurisdictions, but its wallet business as well as...

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