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Bitcoinist
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Peso Stablecoin: 4 Philippine Banks Aim To Revolutionize Digital Payments
- Four Philippine banks are collaborating to launch a new stablecoin for digital asset investments.
- The stablecoin, called PHPX, will enable real-time cross-border remittances.
- The aim is to enhance cross-border payments and financial inclusion in the country.
- Filipino overseas workers will benefit from PHPX by enabling real-time remittances.
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