UPDATE: Coins.ph, the leading licensed crypto platform in the Philippines, has just announced a vital educational initiative aimed at helping millions of Filipinos save significantly on remittances. This extensive campaign, set to launch in late 2025 and run through the second quarter of 2026, will focus on remittance and payments education, targeting major overseas Filipino worker (OFW) regions, including Metro Manila, CALABARZON, and Central Luzon.
This initiative follows the successful integration of the Polkadot Asset Hub, a significant upgrade enhancing Coins.ph’s cross-border capabilities. Users will now be able to send, receive, and transfer popular stablecoins like USDT and USDC at much faster speeds and lower costs. The integration of the Polkadot network allows users to select it when initiating deposits or withdrawals, streamlining the process.
The educational drive includes a Polkadot Stablecoin Adoption Program that offers a one-time reward for first-time users, ensuring that this transition is as beneficial as possible for the community. By providing practical, efficient, and affordable solutions for cross-border transactions, Coins.ph aims to empower overseas Filipinos who rely on remittances.
Nicolas Arevalo, CEO of Velocity Labs and a core contributor to Polkadot, emphasized the importance of this partnership: “Our collaboration with Coins.ph showcases how Polkadot’s innovative Web3 infrastructure can deliver real-world benefits. We are excited to enhance access for the Philippine market to fast, reliable stablecoin transfers, promoting financial inclusion for millions.”
This transformative effort is designed not only to facilitate smoother transfers but also to provide users with access to Polkadot’s rapidly expanding Web3 ecosystem. As the financial landscape evolves, this educational initiative represents a commitment to enhancing user experience through lower fees, quicker transaction finality, and improved interoperability.
Coins.ph is committed to keeping users informed about the Polkadot Stablecoin Adoption Program and other educational activities. For the latest updates, visit www.coins.ph and follow their official Facebook page.
This campaign not only reflects a significant technological advancement but also addresses the pressing needs of millions of Filipinos who depend on remittances. The integration of stablecoin technology could lead to substantial savings and improved access to financial services, making it a crucial development for the nation’s economy.
As the launch date approaches, stakeholders and users are advised to stay tuned for additional details on how to participate in this groundbreaking program. The impact of this initiative could reshape financial transactions for countless families across the Philippines, making it a pivotal moment in the country’s digital finance evolution.
