🇵🇭 The Philippines Bank partners to develop the PHPX stablecoin, improving cross-border payments and financial inclusion! 🚀

- PHPX developed by Just Finance, running on the Hedera DLT network.

- Participating banks: UnionBank, Rizal Commercial Banking, Cantilan Bank, Rural Bank of Guinobatan.

- Goal: Enhance international remittances, support real-time payments.

UBX CEO Januszczak: "We want Filipinos to be able to pay tuition from the US instantly."

- Plan: Multicurrency stablecoin exchange, expanding retail trading.

- Ensure compliance with global regulations with the Hedera network.

What do you think about the future of PHPX? Share your thoughts! 💬