The 20 peso coin sold on Mercado Libre for 5,000,000 belongs to the C1 family, has a diameter of 1.18 inches, is dodecagonal (12 sides), weighs 0.45 ounces, and has a discontinuous reeded edge.

He loved the variety of the designs and remembered how impressed he was by a 1,000-peso coin from Mexico. “I thought I was rich,” said Neeley, now president of the local coin club.

At the same time, through a total of 24 “Piso Caravan” sorties across these towns and cities, the BSP replaced 683,153 pieces of unfit coins—worth about P1.72 million—of mostly one-peso coins.

Philippine cryptocurrency exchange Coins.ph and Australia’s Stables Money have partnered to use Coins.ph’s Philippine peso-pegged PHPC stablecoin for remittances.

CRYPTOCURRENCY platform Coins.ph has received sandbox approval from the Bangko Sentral ng Pilipinas (BSP) to issue a peso stablecoin called PHPC, which will be available to retail customers. “PHPC is ...