Tag "stablecoin"

The First Stablecoin Pegged to the Philippine Peso is Launched to Facilitate Money Transfers

Bitspark, a bankless money transfer platform, has just launched what it claims to be the first market-ready cryptocurrency pegged to the Philippine Peso (PHP)—named the peg.PHP Based in Hong Kong, the blockchain-enabled company made the revelation today, following its recent

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Singapore Gets First SGD-Backed Stablecoins

A new stablecoin project called Singapore Dollar Rate (SGDR) has launched in Singapore. Created by the team behind blockchain startup Rate, SGDR is said to be the first Singapore dollar-backed stablecoin, “guaranteeing users full redeemability for Singapore dollars on demand,”

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