Coinbase arm seeks Southeast Asia foothold with baht, peso stablecoins

Crypto giant wants to build up developer teams in Thailand, Philippines

20241202 Coinbase1

Jesse Pollak, head of Base and Coinbase Wallet, met with developers who build products on Base’s blockchain in Singapore, Thailand, Malaysia and the Philippines in November. (Base)

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- 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.

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