UnionBank’s UBX to Introduce Peso Stablecoin on Polygon
UBX will utilize the Polygon blockchain to develop a stablecoin for cost efficiency and faster transaction.
UnionBank to Launch Peso Stablecoin Called PHX
(Update) The Bangko Sentral ng Pilipinas (BSP) approved UnionBank as the first commercial bank that will issue bank-backed Peso blockchain-based token.
Bitspark CEO Explains the Importance of Peso Stablecoin (and Stablecoins in General)
Bitspark said they see this as a way forward to introduce stablecoins without the need for understanding blockchains directly.