Philippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances

The Bangko Sentral ng Pilipinas, the cardinal slope of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed astatine facilitating cost-effective remittances. Crypto speech Coins.ph, the stablecoin issuer, plans to pull 20,000 to 30,000 users successful the archetypal month. The PHPC volition beryllium the archetypal peso-backed stablecoin disposable for retail use, […]