Philippines’ Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key...

Philippines’ Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market

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Source: Coindesk.com

Philippines’ central bank, under a sandbox, has given its approval to Coins.ph to pilot a Philippine Peso-backed stablecoin. The pilot will assess the benefits of the stablecoin in “real-world applications.”

Philippines’ central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso-backed stablecoin called PHPC, the

Read More https://www.coindesk.com/policy/2024/05/14/philippines-central-bank-gives-approval-to-coinsph-to-pilot-stablecoin-in-key-remittance-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market" appeared first here Coindesk.com.

Source: Coindesk.com

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