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0xBym.eth
@bymbank
Major banks in the Philippines are collaborating to issue the stablecoin PHPX, backed by the peso. PHPX is developed by Singaporean startup Just Finance and is expected to launch between May and July 2025 on the Hedera blockchain. PHPX aims to optimize international remittances, helping foreign workers quickly transfer money back home. PHPX will link with a multi-currency stablecoin exchange, supporting swaps with USD, SGD and JPY, expanding applications in retail payments and point-of-sale transactions.
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