Base Expands Stablecoin Reach With Singapore Dollar Launch

Jesse Pollak, founding contributor of Base, announced significant advancements at the Token 2049 conference in Singapore, highlighting the platform’s expansion and local stablecoin strategy.

Base’s achievements underscore its ambition to lead in the stablecoin ecosystem, promising enhanced global connectivity and significant impact on Asia’s burgeoning cryptocurrency landscape.

Base Leads with Singapore Dollar Stablecoin Launch

Jesse Pollak introduced the Singapore Dollar stablecoin at Token 2049, marking a significant further step in Base’s local stablecoin strategy. With this addition, the platform now supports 12 different currencies, reinforcing its status as the world’s largest local stablecoin ecosystem. Pollak highlighted that Asia’s rapid cryptocurrency adoption aligns with Base’s goal to encourage builders, creators, and investors to promote a decentralized global economy. “We’re advancing Base to be the world’s biggest local stablecoin ecosystem, now supporting 12 local currencies. Today, we launch the Singapore Dollar stablecoin with more global coverage to come,” said Jesse Pollak, Founding Contributor, Base.

The integration of the Singapore Dollar stablecoin is expected to boost crypto interaction in the region, with Pollak citing plans to include more currencies worldwide by next year. Meanwhile, the Base App, which was launched in July, has significantly increased user engagement, offering features akin to popular platforms like TikTok and WeChat. These include short video content, mini-programs, and trading functionalities, with users experiencing tripled interaction levels compared to past versions.

Market observers have noted the enthusiastic reception by the crypto community and developers, particularly in Asia, which Pollak described as leading the charge in crypto adoption. Base’s active creator base of over 300,000 indicates robust ecosystem participation. As Base continues to expand, it anticipates increased regulatory interest, particularly in countries like Singapore and Australia, following stablecoin approvals in these regions.

Regional Expansion Fuels DeFi Growth and Regulatory Interest

Did you know? Base’s launch of the Singapore Dollar stablecoin echoes past initiatives where regional currency integration led to increased local engagement. Such moves are part of a broader trend driving decentralized finance across emerging markets.

As of October 2, 2025, Ethereum’s market data, provided by CoinMarketCap, includes a current price of $4,471.58 with a market cap of 539,733,811,896. The cryptocurrency shows a 24-hour trading volume of 47,430,354,061, reflecting a 4.19% price increase. Over the past 90 days, Ethereum experienced a significant rise of 79.09%.

Experts from the Coincu research team indicate that Base’s strategy of diversifying its stablecoin offerings could bolster local financial technology ecosystems. By fostering regional adoption, especially in Asia, Base strengthens its alignment with market demands, potentially spurring regulatory engagement and DeFi innovation within localized contexts.