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news-imageJanuary 10, 2025

Filipino banks to launch multi issuer stablecoin PHPX on Hedera DLT

Four Filipino banks, UnionBank of the Philippines, Rizal Commercial Banking, Cantilan Bank, and the Rural Bank of Guinobatan, announced they plan to launch a multi-bank peso stablecoin, PHPX, later this year. The coin will initially run on the Hedera DLT network.
Publisher: Cryptopolitan
Sentiment: Neutral
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