Remitly and Coins.ph Stablecoin Partnership Redefines Remittances

Remitly and Coins.ph Stablecoin Partnership Redefines Remittances

Stablecoins Step Into the Spotlight

The partnership between Remitly and Coins.ph is more than just another fintech headline—it’s a signal that stablecoins have officially graduated from niche crypto experiments into mainstream financial infrastructure. By embedding blockchain-backed digital assets into the remittance process, the two companies are promising faster, cheaper, and more reliable transfers for millions of overseas Filipino workers (OFWs) and their families. Remitly and Coins.ph Stablecoin Partnership Redefines Remittances

I’ve always said fintech earns its keep when it solves real-world pain points. For readers, this means stablecoins are no longer just speculative tokens—they’re becoming the rails that move money across borders. And yes, it also means you can finally stop saying, “Crypto is only for traders.”

The Scale of the Challenge

Remitly operates in 170 countries, serving 8.9 million quarterly active users. Coins.ph, meanwhile, is the Philippines’ leading licensed crypto exchange, with regulated local infrastructure that makes it a trusted player in the market. Together, they’re tackling one of the most important financial flows in the world: remittances.

Consider this: there are four million OFWs in the US and Canada, and those two countries alone account for 45% of total remittances to the Philippines. That’s billions of dollars flowing back home every year. For families, these transfers aren’t luxuries—they’re lifelines.

I’ve always argued that remittances are the most human form of fintech. For readers, this means stablecoin rails could make sending money home faster, cheaper, and less stressful. And yes, it also means you can finally stop saying, “Remittance fees are just part of the deal.” Remitly and Coins.ph Stablecoin Partnership Redefines Remittances

How Stablecoin Rails Work

Here’s the technical magic. When someone sends money through Remitly, the fiat currency—whether USD or CAD—is converted into stablecoins. These tokens travel across blockchain rails with near-instant settlement and minimal latency. Once they reach the Philippines, Coins.ph converts them back into PHP, depositing funds directly into a user’s Coins.ph wallet or linked bank account.

No middlemen. No multi-day delays. Just fast, transparent transfers.

I’ve always said speed is the most underrated feature in finance. For readers, this means money arrives when it’s needed—not days later. And yes, it also means you can finally stop saying, “International transfers always take forever.” Remitly and Coins.ph Stablecoin Partnership Redefines Remittances

Cutting Costs, Building Resilience

Stablecoin rails don’t just improve speed—they slash costs. By reducing reliance on legacy banking systems and intermediaries, transaction fees shrink. Every dollar saved in fees is a dollar that goes directly to families.

Wei Zhou, CEO of Coins.ph, put it plainly: stablecoins are shifting from niche to global infrastructure. Partnering with Remitly democratizes finance by cutting costs and providing near real-time transfers.

I’ve always argued that resilience comes from efficiency. For readers, this means families get more value from every remittance. And yes, it also means you can finally stop saying, “Fees are unavoidable.”

Trust and Scale

Gene Nigro, VP of Business Development at Remitly, emphasized that integrating stablecoin technology accelerates their mission to transform lives. With Remitly’s trusted global network and Coins.ph’s regulated local infrastructure, the partnership combines scale with compliance.

Trust matters. Stablecoins may be digital, but they’re pegged to fiat reserves and operate within regulated frameworks. This ensures users aren’t just getting speed and cost savings—they’re getting reliability.

I’ve always said fintech must balance innovation with trust. For readers, this means you can embrace new rails without worrying about security. And yes, it also means you can finally stop saying, “Crypto is too risky.”

Technology With Human Impact

The beauty of this collaboration is how technology meets human need. Stablecoins provide the technical backbone, but the real impact is felt in households across the Philippines. Faster, cheaper remittances mean more money for groceries, tuition, healthcare, and small businesses.

This isn’t abstract innovation—it’s tangible change.

I’ve always argued that fintech should be measured by its human impact. For readers, this means stablecoins aren’t just about blockchain—they’re about family resilience. And yes, it also means you can finally stop saying, “Tech doesn’t matter to everyday life.”

My Take: Stablecoins Finally Deliver

This collaboration between Remitly and Coins.ph shows stablecoins finally proving their worth. They’re not speculative assets—they’re practical tools solving real problems.

What I like most is the balance. Remitly brings scale and trust, Coins.ph brings local compliance and accessibility, and stablecoins bring speed and efficiency. Together, they’re reshaping remittances into something faster, cheaper, and more resilient.

For readers, the benefit is clear: sending money home becomes less stressful, less expensive, and more reliable. And yes, it also means your next remittance might arrive before you even finish your coffee.