Coins.ph To Utilize PHPC Stablecoin for Australia-Philippines Remittances | Key Points | Aug. 29, 2024
In today’s daily recap, Coins.ph announced utilizing its own stablecoin for Australia-Philippines remittance corridor.
In today’s daily recap, Coins.ph announced utilizing its own stablecoin for Australia-Philippines remittance corridor.
Stables, a fintech firm, launches international remittance services from Australia to the Philippines using stablecoins like USDC.
Coins.ph expands into the Australian market with AUSTRAC registration, aiming to provide regulated cryptocurrency services in the country.
Its app is available on the Google Play Store, with more than 5,000 downloads, as of this writing.
Meanwhile, the top three meme coins globally are Shiba Inu (46.7%), Baby Doge Coin (12.3%), and Pepe (9.4%).
The mistake was due to a typo error, and the exchange did not even notice the error until seven months later.
Ripple and Novattiโs effort first targets the Australia-Philippines corridor through a partnership with iRemit, a Filipino remittance service provider which also holds e-money and virtual currency exchanges licenses.
A company wants to use blockchain to speed up remittance transactions from Australia to the Philippines.