Two Main References for PHT Coin
In the cryptocurrency space, the ticker symbol "PHT" can refer to two different digital assets: one is the long-standing mobile cryptocurrency project Phoneum (now rebranded as FONE), and the other is the recently emerged Philippine Peso-pegged stablecoin PHT Stablecoin. Understanding their specific backgrounds and market status is crucial for distinguishing between these two assets.
Phoneum (PHT) / FONE: Mobile-First Blockchain Project
Project Overview and Development History
Phoneum (PHT) was founded in 2017 by Ivan Likov, aiming to build a "mobile-first" cryptocurrency platform that allows users to participate in the crypto economy without specialized technical knowledge, through blockchain games, peer-to-peer transactions, and decentralized applications (DApps). The project runs on the Tron (TRX) blockchain and supports peer-to-peer transactions. The Phoneum platform once had a built-in wallet, allowing users to track their assets in games and DApps and earn rewards using cloud technology. Notably, Phoneum has undergone a rebranding, and its token PHT is now renamed FONE, emphasizing its eco-friendly philosophy and aiming to offset carbon emissions.
Market Performance and Trading Status
As of August 16, 2026, the price of Phoneum (PHT) is approximately $0.00001421, with a circulating supply of about 3.064 billion PHT and a maximum supply of 5 billion PHT. Its market capitalization is approximately $43,550.13. However, the token's 24-hour trading volume is around $211.91, indicating extremely low liquidity. Multiple data platforms, including Coinbase and CryptoSlate, point to its extremely low trading volume or lack of an active spot market.
Trading Channels and Risk Warning
Given that the current 24-hour trading volume of Phoneum (PHT) token is only in the hundreds of dollars, market liquidity has almost dried up. This means that there is no active trading market for this token, and investors attempting to trade may face extremely high liquidity risks, making it difficult to buy or sell. Please be aware of the potential risks associated with such assets.
PHT Stablecoin: Philippine Peso-Pegged Stablecoin
Project Overview and Application Scenarios
PHT Stablecoin is a multi-chain over-collateralized stablecoin incubated by APACX, a Southeast Asian stablecoin operation service provider. Its value is pegged 1:1 to the Philippine Peso (PHP). This stablecoin adopts a DAI-like model from MakerDAO, issuing and liquidating through smart contracts to ensure over-collateralization. PHT Stablecoin aims to provide fast, low-cost remittances, on-chain payments, and programmable settlement services for the Philippines and the broader Southeast Asian region. Its main application scenarios include supporting remittances for Overseas Filipino Workers (OFWs), international trade settlements for Small and Medium-sized Enterprises (SMEs), global payments for freelancers, and daily consumption through QR payments and crypto debit cards.
Market Performance and Trading Channels
As of August 16, 2026, the price of PHT Stablecoin is approximately $0.01628, which is largely consistent with the USD exchange rate of the Philippine Peso. Its market capitalization is approximately $3.6629 million, with a circulating supply of about 230 million PHT. This stablecoin has been listed on the MEXC exchange, becoming the platform's first Southeast Asian regional stablecoin, with the main trading pair being PHT/USDT. In addition, PHT Stablecoin may also be traded on decentralized exchanges (DEX) such as PancakeSwap (v2), where active trading pairs may include PHT/WBNB.
Buying and Trading Guide
As a stablecoin, PHT Stablecoin's primary value lies in payments, settlements, and value storage, rather than as an investment target for price appreciation. If you wish to buy or trade PHT Stablecoin, you can do so on trading platforms that support this currency. The usual process includes:
- Choose a Trading Platform: Go to a centralized exchange like MEXC that supports PHT Stablecoin trading.
- Register and Verify: Complete account registration and identity verification (KYC) according to the platform's instructions.
- Deposit Funds: Deposit fiat currency (such as USD, EUR) or other cryptocurrencies (such as USDT) into your exchange account.
- Search for Trading Pair: On the trading interface, search for PHT/USDT or other available trading pairs.
- Place an Order: Enter the quantity you wish to purchase and select a market order or limit order to execute the trade.
For decentralized exchanges (DEX), you will need a compatible Web3 wallet (such as MetaMask), connect to the DEX platform, and then use the swap function to exchange other tokens (such as WBNB) for PHT Stablecoin. Before conducting any transactions, please be sure to verify the compliance and security of the trading platform yourself.
