Quick Take: List of PH Banks that will Launch PHPX Stablecoin on Hedera Network
PHPX aims to enhance cross-border payments, especially for remittances, while supporting stablecoin interoperability
PHPX aims to enhance cross-border payments, especially for remittances, while supporting stablecoin interoperability
These expectations highlight the need for local exchanges to prioritize accessibility, innovation, and user trust to remain competitive and drive mass adoption in 2025.
The initiative aims to offer easier and cheaper cross-border payments and foreign exchange transactions using stablecoins such as USDC.
UBX will utilize the Polygon blockchain to develop a stablecoin for cost efficiency and faster transaction.
UnionBank becomes the first universal bank in the Philippines to secure a VASP license from the BSP.
By involving the banks that hold significant market share, the BSP said it aims to have more substantial findings and results for its pilot CBDC project.ย
Discover the emerging landscape of Peso-Backed Stablecoins in the Philippines.
GCash will introduce โฑ5 convenience fee for cashing in from BPI and UnionBank accounts starting October 2 due to increasing costs.
Is it advisable to put your money gained from crypto trading in local banks? PDAX CEO answers hot questions about the relationship between the crypto trading and banking industries.
The partnership offers preferential rates for UnionBank clients, expanding services such as buying, selling, and converting cryptocurrencies.