El Salvador launches app for digital dollars via Coinbase’s Base network
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El Salvador has launched a digital-dollar application on Coinbase’s Base network, expanding access to dollar-denominated payments through a low-cost, Ethereum-compatible infrastructure. The initiative marks a shift toward broader stablecoin utility alongside the country’s existing Bitcoin adoption strategy. Its key implication for Bitcoin is indirect: wider digital-payment usage and crypto infrastructure could support adoption, but the app’s dollar focus may reduce Bitcoin’s role in everyday transactions.
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