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Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market

Coins.ph plans to integrate the stablecoin into remittance platforms in countries with significant remittance flows to Philippines, one of the world’s largest remittance markets.

Updated May 14, 2024, 6:31 a.m. Published May 14, 2024, 6:29 a.m.
The Philippines plans on issuing a wholesale CBDC (Image credit: Alexes Gerard/Unsplash)
The Philippines plans on issuing a wholesale CBDC (Image credit: Alexes Gerard/Unsplash)