Stablecoin

PHPC stablecoin approved by BSP

Coins.ph Gets Green Light to Trade Philippines’ First Stable Coin

MANILA, Philippines — Coins.ph, a leading digital asset exchange in the Philippines, has received approval from the Bangko Sentral ng Pilipinas (BSP) to introduce the country’s first Philippine peso-backed stable coin, PHPC. This new cryptocurrency aims to offer a stable and efficient option for cross-border remittances.   What is PHPC? PHPC is a stablecoin whose […]

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Illustration of Circle and Coins.ph partnership, highlighting the integration of USDC in the Philippines’ remittance sector.

Revolutionizing Remittances: Circle’s USDC Teams Up with Coins.ph to Transform Money Transfers in the Philippines

Circle, the company behind the US dollar-pegged stablecoin USDC, has forged a strategic alliance with Coins.ph, one of the Philippines’ leading cryptocurrency exchanges and digital wallet providers. This collaboration aims to revolutionize the remittance landscape for the 18 million users of Coins.ph by offering a remittance solution that is faster, more cost-effective, and more accessible.

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