Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week.
![Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market](https://www.coindesk.com/resizer/7htSxQZjFsvm-tWr9LNLm6-XynE=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/7PTSDF4GUFFEDAPTA5EGMJHHJY.jpg?#)
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week.
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