UPDATE:
The very first Philippine Stable coin has been launched and it's called PHX (not UPHP as reported in previous months). Mukhang limited pa kung sino pwede at hindi tradable sa ngayon. Ewan ko lang kung magiging available ito sa coinspro balang araw.
The very first Philippine Stable coin has been launched and it's called PHX (not UPHP as reported in previous months). Mukhang limited pa kung sino pwede at hindi tradable sa ngayon. Ewan ko lang kung magiging available ito sa coinspro balang araw.
Quote
UnionBank of the Philippines launched the stablecoin called PHX to facilitate a blockchain-based cross-border remittance transaction. In doing so, it makes them the first bank in the Philippines to launch a stablecoin and conduct remittances via blockchain.
https://bitpinas.com/news/unionbank-launches-cryptocurrency-stablecoin-phx/Nakakamangha lang isipin that one bank dito sa Pinas ay nkapag launched na ng stable coin which can help na mapadali ang transactions through blockchain, though limited lang sya for rural banks and tama ka it’s not available to everyone it’s only available sa mga project i2i participants nila, bago padin naman kasi kaya parang nasa testing stage padin sila ka coin.
Maganda kasi padami na ng padami ang nag rerecognize ng digital currencies sa atin. Need din talaga sumabay ng bangko, naniniwala ako na sa future paperless na ang bayaran. Di naman malabong mangyari, sa dami na din ng tumatanggap ng payment gamit digital lang..parang gcash o paymaya na nasa mga mall na. 
