2026-01-14 22:38:35

The Base ecosystem is undergoing a crucial upgrade to its stablecoin infrastructure. Circle plans to exclusively launch a new currency, the SGDHKD stablecoin, in Q1 2026, targeting the payment needs of the Southeast Asian market. The data behind this move is quite revealing—the Southeast Asian cross-border remittance market is worth $50 billion, with an average settlement cycle of up to 5 days. If settled on the Base chain, this could be reduced to under 2 seconds.

Liquidity is also being rapidly developed. Aerodrome has reserved 9.15 million USDC for initial guidance, providing ample trading depth for the new stablecoin pair. Meanwhile, signals from traditional financial institutions are becoming clearer—JPMorgan is migrating its JPXCoin business to Base for wholesale settlement. These initiatives indicate that Base is evolving from a simple application chain into a financial infrastructure, capable of supporting real cross-border payments and institutional-level clearing needs.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
6
Repost
Share

Comment

0/400

DecentralizedElder

· 01-17 12:09

Oops, 5 days to 2 seconds, now that's a distance spectrum. Southeast Asian remittance workers are going to laugh to death. JPMorgan is really causing trouble on Base. Traditional finance is serious, unlike some projects that only hype concepts. SGDHKD stablecoin to launch in Q1. I bet 5 bucks that Aerodrome's 9.15 million USDC will be swept up as soon as it goes live. Base really wants to build financial infrastructure, not just a trendy application chain. There's some substance.

View OriginalReply0

rugpull_ptsd

· 01-14 23:08

Base is really about to take off; the gap from 5 days to 2 seconds is incredible. JPMorgan has also come in, and this time it doesn't seem like hype. The Southeast Asian market is such a big slice of the pie; no wonder Circle is eager to move. But to be fair, whether liquidity is stable or not still depends on what happens next. Betting that Q1 can really go live, right?

View OriginalReply0

GateUser-44a00d6c

· 01-14 23:07

From 5 days to 2 seconds, the gap is huge... Base is really working hard.

View OriginalReply0

BetterLuckyThanSmart

· 01-14 22:59

Remittances in Southeast Asia go from 5 days to 2 seconds, this is the kind of work blockchain should be doing JPMorgan has already joined, Base is really becoming a financial infrastructure Circle's stablecoin is lining up to go live, liquidity is filling up, it feels like there’s not much risk this time Cross-border settlement in 2 seconds, are traditional banks panicking? But it’s only launching in Q1, let’s wait and see, first check if Aerodrome can support 9.15 million USDC Base needs to accommodate these institutional-level demands, otherwise it’s just hype This time is different, there are real practical needs supporting it

View OriginalReply0

OnchainUndercover

· 01-14 22:48

Complete settlement within 2 seconds? If that really becomes a reality, remittance companies in Southeast Asia will be freaking out.

View OriginalReply0

ApeWithNoFear

· 01-14 22:47

5 days to 2 seconds, this is the real dimensionality reduction attack JPM is here, Base is on the verge of takeoff 9.15 million USDC backing, Southeast Asia's wallet is about to be opened Wait, is Circle trying to do SGDHKD in one step? That's a bit aggressive 2-second liquidation vs 5-day wait, who can withstand this gap Base is really no longer a toy chain, it's starting to compete for institutional business Southeast Asia's 50 billion market, whoever wants a piece of this cake must get Base's approval

View OriginalReply0