Celo Philippines DAO, Celo Foundation, and Mento Labs hosted an event to discuss the integration of stablecoins, focusing on the decentralized stablecoin $PUSO, which is pegged to the Philippine Peso. The event, as well as the IRL introduction of the $PUSO stablecoin, is a key step in Celo’s push for decentralized financial solutions in the country, which could drive greater adoption of blockchain technology and Web3 among Filipinos.

The event took place on November 16, 2024, at Tartufo Ristorante in BGC, Taguig, and local industry leaders gathered to discuss the applications of stablecoins, particularly focusing on $PUSO. The event aimed to explore the future of the on-chain Filipino Peso and to drive further blockchain adoption in the country.

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