‘The Philippines Will Benefit Most’: Tech Leaders Push for Stablecoin Remittances at Morph Manila Panel
Industry leaders say stablecoins can cut remittance costs and boost the Philippine economy if interoperability and regulation improve.
Industry leaders say stablecoins can cut remittance costs and boost the Philippine economy if interoperability and regulation improve.
These expectations highlight the need for local exchanges to prioritize accessibility, innovation, and user trust to remain competitive and drive mass adoption in 2025.
Discover the emerging landscape of Peso-Backed Stablecoins in the Philippines.
DA5 partners with Gurufin to launch PHMU stablecoin, backed 1:1 by the Philippine Peso, offering stability and low transaction costs on its Layer 1 chain.
Direct Agent 5 is planning to launch SurgePay – a blockchain wallet to make remittances coursed through the firm cheaper.
DA5 is a leading authorized direct agent of Western Union in the Philippines with services including remittances, ticketing, bills payment, etc.