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Crypto Adoption

2 stories on Crypto Adoption, newest first.

2 min read4 sourcesBearish

Base Creator Steps Back After Admitting Social Strategy Failed

Jesse Pollak, the creator of Base (Coinbase's Layer 2 blockchain), is stepping down from leading the Base App and handing control to Jordan Fish (Cobie) after openly acknowledging that his bet on social features and on-chain social experiences to drive crypto adoption did not pan out. Pollak will refocus on Base's infrastructure and financial use cases like trading, stablecoins, and AI agents.

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2 min read3 sources

Bolivia Eyes Tether Stablecoin to Ease Dollar Shortage

Bolivia is weighing official recognition of USDT, Tether's dollar-backed stablecoin, as a payment currency. The move addresses acute shortages of physical dollars while capitalizing on rising crypto adoption, with transaction volumes surging to $430 million after the central bank loosened restrictions in mid-2024.

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