apacx

ChainCatcher news, stablecoin operator APACX announced that its incubated Philippine Peso stablecoin PHT (1:1 pegged to the Philippine Peso) will officially launch on the MEXC exchange today at 15:00, becoming the first Southeast Asian regional stablecoin to be listed on the platform.The launch of PHT aims to provide global users with a stable and highly liquid digital asset, seamlessly connecting to the rapidly growing economic ecosystem of the Philippines.To celebrate the launch, APACX and MEXC have jointly launched a $65,000 airdrop event to incentivize users to participate in the early ecosystem development of PHT, enhancing platform liquidity and community engagement.This collaboration marks a significant breakthrough for Southeast Asian stablecoins on mainstream trading platforms and is expected to further promote the development of digital finance in the region.

ChainCatcher news, APACX is committed to becoming a stablecoin infrastructure service provider in Southeast Asia, driving the regional financial inclusion and compliance process through innovative technology. Its business covers stablecoin issuance consulting, cross-border payment settlement, and Web3 compliance access support, aiming to provide efficient and secure digital financial solutions for financial institutions, enterprises, and ecosystem participants.APACX adopts multi-chain wallets, dynamic collateral technology, and blockchain security infrastructure to create standardized service modules and enhance payment efficiency. In the next three years, the company plans to expand its service network to cover 80% of the major economies in Southeast Asia, building a compliant financial ecosystem with a daily transaction volume exceeding 5 billion USD, facilitating the regional economy's transition to Web3.In addition, the company has introduced the "Stablecoin-as-a-Service" concept to provide stablecoin technology support for partners, accelerating financial innovation and inclusive development.