VeChain (VET) is a cryptocurrency and blockchain platform created by the Singapore-based VeChain Foundation in 2015. It focuses on optimizing supply chain management, particularly in the logistics industry, by leveraging blockchain technology to solve real-world economic challenges. VET has gained popularity for its comprehensive utilization of blockchain in addressing these issues.
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The Philippine Peso (PHP) is the official currency of the Philippines, issued by the Bangko Sentral ng Pilipinas (BSP). The Philippines has a rapidly growing crypto market, with strong adoption of play-to-earn gaming and remittance-focused stablecoins pegged to PHP. Several exchanges provide PHP trading pairs for crypto enthusiasts.