Philippine Peso Stablecoin PHPC Debuts on Ronin Network
full version at dailycoin
A Philippine peso-pegged stablecoin has launched on Ronin. The stablecoin’s issuer will facilitate its liquidity in various ways. Users can leverage the stablecoin for a range of utilities. Gaming-centric sidechain Ronin announced Monday the launch of the first Philippine peso-pegged stablecoin on its network. Dubbed PHPC, the stablecoin was created by Filipino crypto exchange Coins.PH and is based on the ERC-20 token standard. Coins.PH said it would facilitate the stablecoin’s liquidity with a reserve pool made of cash and other “traditional financial instruments.” Uses of PHPC Stablecoin According to the official press release, PHPC aims to enable fast and
Continue reading on DailyCoin.
