CryptoCointelegraphabout 2 hours ago
Philippine bank BPI plans stablecoin payments pilot
1 min read
Bank of the Philippine Islands (BPI) plans a stablecoin settlement pilot for cross-border payments to freelancers and remote workers. Developed with Meridian, the system aims to reduce cost and processing time. Funds convert to Philippine pesos in BPI accounts. A broader rollout is planned before the 49th ASEAN Summit in November.
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