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The BSP explained that wholesale CBDCs may contribute in addressing frictions on large cross-border foreign currency transfers.
The post BSP CBDC Digital Currency Initiative Scheduled for Q4 2022 appeared first on BitPinas.
The initiative is part of its aim to promote the stability of the country’s payment system.
The post BSP To Pilot CBDC for Wholesale Transactions appeared first on BitPinas.
Mento Labs said $PUSO can open more web3 opportunities to more Filipinos; builders are encouraged to utilize the stablecoin by creating projects tied to potential use cases.
PHPX aims to enhance cross-border payments, especially for remittances, while supporting stablecoin interoperability
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