A group of Philippine banks is joining forces to launch a peso-backed stablecoin, PHPX, to enhance cross-border payments.
Four Filipino banks, UnionBank of the Philippines, Rizal Commercial Banking, Cantilan Bank, and the Rural Bank of Guinobatan, announced they plan to launch a multi-bank peso stablecoin, PHPX, later ...
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The BSP Has Approved the Country's First-Ever Stablecoin. Here's What You Need to KnowThe Philippines ... Coins.ph to issue the token, which will be called PHPC. Stablecoins are a type of cryptocurrency designed to have a stable value. These are typically pegged to fiat money ...
Philippine banks are set to launch the PHPX stablecoin on Hedera DLT, focusing on real-time cross-border payments and remittances ...
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