Australian fintech Stables launches international remittances using stablecoins, targeting Australia-Philippines route.
Australian fintech Stables launches international remittances, allowing users in over 130 countries to send AUD or PHP across Australia and the Philippines, utilizing stablecoins. The Philippines, a major remittance importer in SE Asia, receives $40bn annually (including $5.76bn from Australia). The move aligns with the Philippines' increasing adoption of digital payment solutions due to a large unbanked population.
March 25, 2024
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