Coins.ph will have a stablecoin rail for fund transfer and will directly convert the sent fiat, either in U.S. dollars or Canadian dollars, into stablecoins through Remitly’s solution.
Coins.ph positions its all-in-one financial platform as a unified solution for payments, remittances, bills, and digital asset trading with seamless QR Ph support.
Coins.ph targets institutional investors with a new BSP-regulated forex offering, featuring 0.02% spreads on major currency pairs like USD/PHP.
Coins.ph highlights how stablecoins reduce fees, enable near-instant transfers, and expand financial access for overseas Filipino workers and their families.
This development would allow Ronin users to spend PHPC directly from their wallets at over 600,000 QRPh-enabled merchants across the country.
Coins.ph and Vietnam’s FinFan are teaming up to speed up and cut costs on remittances between the Philippines and Vietnam using next-gen tech.
Joining in the testnet will allow it to explore how its Philippine Peso-pegged stablecoin can be deployed across the network, according to Coins.ph.
In his address, titled “Leveraging Stablecoin Technology for Fast, Affordable Money Transfers,” Wei Zhou emphasized how stablecoins are increasingly being adopted worldwide for cross-border payments.
Coins.ph and BCRemit unveiled a stablecoin-powered remittance service that lets Filipinos from UK, EU, US, and Canada send money home.
With Amira Alawi leading its new international marketing strategy, Coins.ph says it will launch campaigns and collaborate with new partners across the globe.
