Stablecoins are the future of commerce, according to Tom Vieira, Head of Product for Base, Coinbase‘s (NASDAQ:COIN) Ethereum (CRYPTO: ETH) Layer-2 network. He highlighted on Friday their role in driving a global on-chain economy.
What Happened: Speaking with Benzinga in an interview, Vieira pointed to stablecoins’ utility in payments as a key example of real-world cryptocurrency adoption, alongside gaming and social applications, as Base scales to meet consumer needs with recent performance boosts.
Vieira elaborated on stablecoins’ practicality within Base’s ecosystem, emphasizing their potential to enable local currency transactions worldwide.
“Stablecoins really are the future of commerce and we are passionate,” he said, detailing a vision where every …
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