‘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.
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BCRemit Surpasses $600M in Volume, Eyes Expansion to India, Mexico, and China
The fintech firm revealed ambitious plans to scale its operations beyond its core base of Overseas Filipino Workers (OFWs).
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Why Trading Platform NoOnes is Betting Big on the Philippines as a Crypto Powerhouse
There are four things that NoOnes promised to help in the Philippines.
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Coins.ph, Circle Partner to Promote USDC Remittances
Coins.ph and Circle will be promoting the use of the stablecoin USDC for faster and cheaper remittances to the Philippines.
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Binance Philippines Chief on How Blockchain Can Make OFW Remittances Faster and Cheaper
Binance Philippines’ Kenneth Stern counts the ways in which blockchain can help OFWs send their money faster and cheaper back to the country.
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What is SWIFT? | Payments, Sanctions, and Role in Global Money Transfer
SWIFT is a key component to any country’s progress in terms of bank transfers, locally and internationally.
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Defying Bearish Projections, Cash Remittances Only Slid by 0.3 Percent
The World Bank previously estimated that that there would be a 13% decline in local remittances because of the pandemic.
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Personal Remittances Reaches $24.6 Billion for First 9 Months of 2019
For the first 9 months, the recorded inflow is $22.2 billion for cash remittances versus US$21.3 billion within the same period last year.
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BSP: Personal Remittances Reach US$22 Billion in the First Eight Months of 2019
The regulator further said that cash remittances coursed through banks have also increased.
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Ripple: PH Must Take Steps to Make Remittances More Efficient
Ripple also said that they are working with a local PH bank but declined to identify it by name.
