{"id":3763,"date":"2024-12-05T06:46:40","date_gmt":"2024-12-05T06:46:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3763"},"modified":"2024-12-05T06:46:40","modified_gmt":"2024-12-05T06:46:40","slug":"coinbase-targets-southeast-asia-crypto-expansion-by-supporting-development-of-baht-peso-stablecoins-literally-the-same-money-but-just-faster","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3763","title":{"rendered":"Coinbase Targets Southeast Asia Crypto Expansion By Supporting Development Of Baht, Peso Stablecoins: &#8216;Literally The Same Money But Just Faster&#8217;"},"content":{"rendered":"<div>\n<p><strong>Coinbase Global Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) is advancing its Southeast Asian expansion through stablecoin initiatives in Thailand and the Philippines, as cryptocurrency markets reach new heights amid expectations of a more <a href=\"https:\/\/www.benzinga.com\/government\/regulations\/24\/12\/42261013\/as-bitcoin-surges-coinbase-exec-expects-swift-legislation-thanks-to-trump-and-the-most-pro-crypto-congress-ever\">crypto-friendly U.S. administration<\/a>.<\/p>\n<p><strong>What Happened<\/strong>: <strong>Jesse Pollak<\/strong>, founder of Base and head of Coinbase Wallet, emphasized the strategic importance of local currency stablecoins for mass blockchain adoption in Southeast Asia, <a href=\"https:\/\/asia.nikkei.com\/Spotlight\/Cryptocurrencies\/Coinbase-arm-seeks-Southeast-Asia-foothold-with-baht-peso-stablecoins\">reported<\/a> Nikkei on Thursday. <\/p>\n<p>While Coinbase Exchange isn\u2019t immediately entering these markets, the company\u2019s wallet business and Base blockchain platform are targeting developers in Thailand and the Philippines to build infrastructure supporting baht and peso stablecoins.<\/p>\n<p>\u201cWhen you bring a local currency \u2018onchain,\u2019 it solves a few problems,\u201d &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42332276\/coinbase-targets-southeast-asias-crypto-future-with-stablecoin-push-bringing-local-currency-onchain-makes-it-fast\" alt=\"Coinbase\" targets southeast asia crypto expansion by supporting development of baht peso stablecoins: the same money but just faster>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Global Inc. (NASDAQ:COIN) is advancing its Southeast Asian expansion through stablecoin initiatives in Thailand and the Philippines, as cryptocurrency markets reach new heights amid expectations of a more crypto-friendly U.S. administration. What Happened: Jesse Pollak, founder of Base and head of Coinbase Wallet, emphasized the strategic importance of local currency stablecoins for mass blockchain [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3763","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3763"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3763\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}