Coinbase arm seeks Southeast Asia foothold with baht, peso stablecoins

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The crypto giant wants to build up developer teams in Thailand and the Philippines.

The post Coinbase arm seeks Southeast Asia foothold with baht, peso stablecoins appeared first on KrASIA.

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.

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Article Details

Author / Journalist: Nikkei Asia

Category: TechnologyStartupsBusiness

Markets: ChinaPhilippinesThailand

Topics: Base Pollak Local Asia Crypto Blockchain Southeast Stablecoins Thai Thailand

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 00:30:36 (1 days ago)

News Timezone: GMT +8:00

News Source URL: kr-asia.com

Language: English

Article Length: 93 words

Reading Time: 1 minutes read

Sentences: 24 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © KrASIA

News ID: 24620049

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About KrASIA

Main Topics: TechnologyStartupsBusiness

Official Website: kr-asia.com

Year Established: 2017

Headquarters: China

News Last Updated: 1 days ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #79

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