PHPC on Ronin: Driving Crypto Adoption in the Philippines

Bittime – Ronin Network, the blockchain underlying the popular game Axie Infinity, marks an important step in driving crypto adoption in the Philippines by integrating the country's first regulated stablecoin, PHPC. This collaboration was carried out with Coins.ph, the leading crypto trading platform in the Philippines.

PHPC: Stability and Ease of Transactions for Filipino Users

Created with the aim of facilitating more affordable transactions and remittances, PHPC is a stablecoin pegged to the Philippine peso and has received official approval from the Bangko Sentral ng Pilipinas (BSP), the Central Bank of the Philippines. The presence of PHPC on the Ronin platform opens up new opportunities for Filipino users to conduct on-chain transactions with stable and regulated stablecoins.

Coins.ph: Gateway to Wider Accessibility

Coins.ph, with its user base of 18 million accounts and 7 million monthly active users, plays an important role in expanding PHPC's reach. The platform will act as the primary liquidity provider for PHPC, ensuring stability and ease of access for users.

Positive impact PHPC integration with Ronin for the Philippine Economy

It is believed that PHPC's integration with Ronin will have a positive impact on the Philippine economy, especially in encouraging financial inclusion and facilitating more efficient remittances. Lower transaction costs and faster speeds can open up new opportunities for small and medium-sized businesses, as well as individuals looking to transfer money abroad.

RON Token Rise: A Sign of Confidence and Optimism

Since the announcement of the integration of PHPC, Ronin's native token, RON, has seen a significant increase of more than 6%, showing the community's confidence and optimism in this development. The surge in RON trading volume is also an indicator of high interest in the potential of PHPC and its impact on the Ronin ecosystem.

Also Read How To Buy Crypto:

Steps Ronin Network Becomes Bright Future for Crypto in the Philippines

Ronin Network's move to integrate PHPC signals their commitment to supporting crypto adoption in the Philippines. With its combination of stability, ease of use, and potential positive impact on the economy, PHPC has the opportunity to be a key driver in expanding the reach of crypto in the country.

Conclusion

PHPC's integration with the Ronin Network is an important step in driving crypto adoption in the Philippines. By offering stability, ease of use, and its potential positive impact on the economy, PHPC has the opportunity to become a catalyst for financial inclusion and digital economic growth in the country. The rise in RON tokens shows the community's confidence and optimism in this development, signaling a bright future for crypto in the Philippines.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.