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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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cover-imageBenzinga
April 3, 2025

OnlyFans Founder's Startup And HBAR Foundation Enter Race To Acquire Tiktok To Maintain 'American Ownership And Governance'

Tim Stokely, the founder of OnlyFans, and a cryptocurrency foundation have joined forces to place a late-stage bid for the acquisition of TikTok's U.S. operations from ByteDance. What Happened: The bid was put forth this week by Zoop, Stokely's latest venture, and the HBAR Foundation, which manages the Hedera (CRYPTO: HBAR) blockchain network, according to details shared with Benzinga.

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