EncodingUtil.base64Decode() can be used to convert Base64 content to Blob value. Then, we can use toString() to convert the Blob value to String.
Sample Code:
String base64Content = EncodingUtil.Base64Encode(
Blob.valueOf( 'Testing' )
);
System.debug( 'Base64 Content is ' + base64Content );
Blob blobContent = EncodingUtil.base64Decode( base64Content );
System.debug( 'Decoded Base64 value is ' + blobContent.toString() );
Output: