Stablecoin Operator APACX Forms Strategic Partnership with Modular Payment Protocol AEON Pay
Foresight News reports that Southeast Asian stablecoin operator APACX has entered into a strategic partnership with modular payment protocol AEON Pay. Through this collaboration, the Philippine Peso stablecoin PHT, incubated by APACX, can now be used directly for QR code payments at over 20 million physical merchants across Southeast Asia supported by AEON Pay, including brands such as Starbucks, Uniqlo, and McDonald's.
APACX is committed to building a decentralized protocol for stablecoin trading and settlement tailored to the Southeast Asian market, aiming to serve as a value bridge between different stablecoins. PHT is not only a flagship product for the local digital economy in the Philippines, but also plays a key role in validating the adoption path for stablecoins across Southeast Asia.
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