[Base Protocol Lead: 99% of Stablecoins Are Pegged to USD, Localized Stablecoins Have Great Potential] Odaily Planet Daily News – At the Token 2049 event in Singapore, Base Protocol lead Jesse Pollak delivered a speech stating that although the market capitalization of stablecoins is nearing $300 billion, on the other hand, approximately 60% of stablecoin reserve funds are in USD assets, and 99% of stablecoins are pegged to USD. Localized stablecoins urgently need development. Moving forward, Base will collaborate with stablecoin issuers from various countries and regions to create localized stablecoins, such as XSGD and AUDD.