Coinbase arm eyes footprint in SE Asia with baht, peso stablecoins

Coinbase arm eyes footprint in SE Asia with baht, peso stablecoins

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration

Transactions with stablecoins backed by local currencies will be the way to mass adoption of blockchain technology in Southeast Asia, says an executive of global cryptocurrency giant Coinbase.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter