Philippines begins Peso-backed stablecoin sandbox testing

The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential uses, including payments, trading and DeFi applications.

Post from: Cointelegraph.com News

Tags: Philippines, central bank, stablecoin, PHPC, pesos, digital currency, cryptocurrency, regulatory sandbox, financial inclusion, UnionBank, PHX, i2i platform

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