Base founder says tokenized stocks, non-dollar stablecoins will lead next cycle

The coming tokenization supercycle will likely be led by tokenized stocks and stablecoins pegged to currencies other than the U.S. dollar, Base founder Jesse Pollak said in an interview at TOKEN2049 in Singapore, according to The Block. Pollak said the market is underestimating the growth potential of non-dollar stablecoins. Pollak added countries will seek to preserve monetary sovereignty and continue using their own currencies for everyday payments, which would make the role of non-dollar stablecoins increasingly important.