News list for " multiple local"

Web3 fintech company JUST Finance has announced the launch of PHPX, a bank-backed stablecoin in the Philippine peso, in partnership with several local banks, including: United Bank of the Philippines (UBX), Rizal Commercial Bank (RCBC), Cantilan Bank, Rural Bank of Guinobatan, and other commercial and rural banks. It is reported that PHPX will be backed by a consortium of regulated banks and asset managers to ensure financial backing and real-time audits, and can only be obtained through holding...

2024-11-17 10:29:41