Coins.ph and Stablecoins: Five Tech Ways Remittances Are Changing
Coins.ph and Stablecoins: Five Tech Ways Remittances Are Changing
Global Remittances and the Technology Gap
Global remittances are massive. In 2024, they were estimated at over $900 billion, according to the World Bank. A huge portion of this flows into low and middle-income countries like India, Mexico, China, and the Philippines. For these economies, remittances are not just numbers on a spreadsheet—they are lifelines. They stabilize currencies, finance imports, and, most importantly, keep families afloat. Coins.ph and Stablecoins: Five Tech Ways Remittances Are Changing
But here’s the problem: traditional banking systems are slow, costly, and inefficient. Fees eat into the money migrant workers send home. Settlement times stretch into days. And the poorest families, who rely most on these funds, are hit hardest.
I’ve always said technology should solve pain points, not create them. For readers, this means the remittance system is ripe for disruption. And yes, it also means you can finally stop saying, “Sending money abroad is just the way it is.”
Stablecoins: The Digital Currency Revolution
Enter stablecoins. These are digital currencies pegged to fiat assets like the U.S. dollar. They combine the stability of traditional money with the efficiency of blockchain.
The numbers are staggering. The combined market capitalization of USDC and USDT reached over $260 billion in 2025, doubling since 2023. Analysts project the total stablecoin market cap could surge toward $2 trillion by 2028, driven by payment use cases and institutional adoption. Coins.ph and Stablecoins: Five Tech Ways Remittances Are Changing
I’ve always believed growth follows utility. For readers, this means stablecoins aren’t just speculative assets—they’re becoming the backbone of global payments. And yes, it also means you can finally stop saying, “Crypto is just for traders.”
Coins.ph: Building the Infrastructure
In the Philippines, Coins.ph is leading the charge. As the country’s largest crypto exchange, it has aggressively expanded its stablecoin infrastructure. Through partnerships with BCRemit, Hashkey, Hi-Globe, and FinFan, Coins.ph has created compliant, near-instant payment corridors between major sending markets—Hong Kong, Vietnam, UK, US, Canada, and the EU—and the Philippines.
This bypasses costly bank intermediaries, ensuring more of the remittance reaches families quickly.
Wei Zhou, CEO of Coins.ph, put it bluntly: “Stablecoins solve the fundamental problems of cost and time that plague millions of migrant workers. This isn’t just an improvement—it’s a massive, equitable shift that empowers the Filipino diaspora.”
I’ve always argued that infrastructure is destiny. For readers, this means Coins.ph is building the rails for a new financial system. And yes, it also means you can finally stop saying, “Crypto is just hype.”
Five Ways Stablecoins Are Transforming Remittances
1. Drastic Reduction in Transaction Costs
Traditional remittance fees average 6.62% globally as of Q3 2024. That’s more than twice the UN target of reducing costs to less than 3% by 2030.
Stablecoins slash these costs. By leveraging blockchain, they bypass intermediary banks and correspondent fees. In competitive corridors, transaction costs can drop to under 1%.
For the Philippines, where remittances totaled $38.34 billion, this means billions more staying with families.
I’ve always said fees are the silent tax on the poor. For readers, this means stablecoins put more money where it belongs—at home. And yes, it also means you can finally stop saying, “Fees are unavoidable.”
2. Near-Instant Settlement Speed and 24/7 Availability
Traditional systems take 3 to 5 business days to settle. Stablecoins settle in minutes. And they work 24/7, across time zones and holidays.
This is revolutionary. Families get funds immediately, whether for emergencies or daily needs.
Wei Zhou summed it up: “Stablecoins are leading the digital transformation of cross-border payments. We’re enabling near real-time, low-cost transfers that offer greater value, transparency, and financial freedom.”
I’ve always argued that speed is dignity. For readers, this means stablecoins respect the urgency of family needs. And yes, it also means you can finally stop saying, “Money transfers always take days.”
3. Increased Financial Inclusion for the Unbanked
In many emerging markets, large portions of the population are unbanked. Traditional services require bank accounts or branch access, limiting reach.
Stablecoins require only a mobile device and a digital wallet. This democratizes access, empowering migrant workers to send money directly to family members without banks.
I’ve always said inclusion is the true test of innovation. For readers, this means stablecoins open doors for millions who were locked out. And yes, it also means you can finally stop saying, “Banking is only for the privileged.”
4. Mitigation of Foreign Exchange Risk and Opacity
Traditional systems expose users to hidden fees and unpredictable currency conversion losses.
Stablecoins, pegged to strong fiat currencies like USD, provide stability and transparency. They shield remittances from local currency volatility and opaque FX spreads.
For families in countries with volatile currencies, this is a game-changer.
I’ve always argued that transparency is power. For readers, this means stablecoins protect purchasing power. And yes, it also means you can finally stop saying, “Currency risk is just part of the deal.”
5. Enabling New, Programmable Financial Services
Stablecoins aren’t just about transfers. Their programmability enables innovation—automated micropayments, real-time payroll, conditional payments.
For companies in Southeast Asia and Africa, stablecoin rails improve treasury management and vendor payouts. This boosts efficiency and transparency.
I’ve always said programmability is the hidden superpower of blockchain. For readers, this means stablecoins are laying the foundation for future financial services. And yes, it also means you can finally stop saying, “Money transfers are boring.”
A Fundamental Restructuring of Global Finance
Stablecoin remittances aren’t just a technological upgrade. They’re a restructuring of global finance. They dismantle costly barriers built by decades of slow, traditional systems.
As regulatory frameworks solidify, mainstream acceptance will accelerate. Migrant workers and their families will retain more of their hard-earned money and receive it when they need it most.
I’ve always argued that finance should serve people, not institutions. For readers, this means stablecoins are rewriting the rules in favor of families. And yes, it also means you can finally stop saying, “The system can’t change.”
To learn more about how Coin’s stablecoin partnerships, visit www.coins.ph or https://
