Jesse Pollak, head of Base at Coinbase, emphasized the need for non-USD stablecoins in the crypto ecosystem during a speech at Token2049 in Singapore. He argued that local currency-pegged stablecoins could enhance local utility and support a thriving creator economy through the Base App, which is currently in beta testing.
stablecoins ✓
crypto ✓
base ✓
token2049 ✓
local-utility ✓