PHPC is LIVE on Ronin!

The first Philippines’ stablecoin – only on Ronin

Key Points

• PHPC is LIVE on Ronin! PHPC is an ERC-20 token pegged to the Philippine Peso, which means 1 PHPC ≈ 1PHP. 

• Coins.PH is a Filipino crypto exchange regulated by the Bangko Sentral ng Pilipinas – the central bank of the Philippines. They’re supporting PHPC liquidity with a reserve pool consisting of cash and other traditional financial instruments.

• To this day, the Philippines remains one of the biggest sectors of the Axie and Ronin community. With PHPC on Ronin, players can use their in-game earnings and funds to pay for goods and services within the country. 

The Philippines are the beating heart of Web3 gaming, and Filipinos are some of the earliest adopters of new technology. Over 80 million Filipinos transact online using the Philippine Peso, but the financial infrastructure available is often slow and expensive. That’s why Coins.PH is launching PHPC on Ronin! 

PHPC will enable fast, low-cost transactions with on-chain Pesos. P2P transfers. Merchant payment methods, Remittances and business payments. The launch of PHPC brings greater economic freedom to the Philippines. Maligayang pagdating, PHCP!

What is $PHPC?

PHPC is a Philippine Peso stablecoin, which means 1 PHPC  ≈ 1 PHP. Coins.PH is a Filipino crypto exchange regulated by the Bangko Sentral ng Pilipinas – the central bank of the Philippines. Coins.ph will support PHPC liquidity with a reserve pool consisting of cash and other traditional financial instruments.

What This Means For Our Community

Axie Infinity burst into the scene in 2021, capturing the hearts of millions of Filipinos. To this day, the Philippines remains one of the biggest sectors of the Axie and Ronin community. With PHPC on Ronin, players can use their in-game earnings and funds to pay for goods and services within the country. 

Managers and guild leaders from other countries will also be able to send PHPC to their scholars, making it easier to transfer funds and processing payouts. As more merchants onboard, Filipinos can enjoy a smoother and more complete experience using their Ronin wallets.

Final Thoughts

Ronin’s presence in the Philippines has grown a lot over the past year or so. Towards the end of 2023, the Axie Infinity merch store launched with perks for Filipinos. In February, GCash listed RON. Today, PHPC came to Ronin. Filipinos have been the beating heart of Web3 gaming since Axie pioneered Play-to-Earn gaming – and this is just the beginning. Let’s keep pushing. Tara't sabay sabay tayong sumulong!