Assets · Stablecoin · issued by Coins.ph
PHPC (Coins.ph Philippine peso stablecoin) (PHPC)New
Philippine peso stablecoin issued by Coins.ph, targeting one peso per token and backed by cash, time deposits and short-term money market instruments held in Philippine banks; tested in and graduated from the BSP regulatory sandbox.
- Value per token
- 1 PHP
Issued through Coins.ph PHPC Philippine peso stablecoin Live (limited)
Classification · medium confidence
- Legal form
- Stablecoin from economic tests
- Underlying
- Undisclosed · Money, Money-market instruments
- Value behaviour
- Stable value · no income
- Ledger role
- Native
- Legal labels
- Peso stablecoin issued by a BSP-licensed e-money issuer and VASP; tested under the BSP Regulatory Sandbox Framework (Philippines)[1]
Gap: reserve named as cash, time deposits and short-term money market instruments without weights.
Sourced[1]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Sources
- [1]PHPC white paper — Coins.ph. Accessed 27 Oct 2026.B
- [2]Coins.ph's $PHPC Stablecoin Exits BSP Sandbox — BitPinas, 13 Jun 2025. Accessed 27 Oct 2026.C