Philippines' BPI tests stablecoin rail for overseas remittances

crypto.news Editorial

(10:48 AM UTC)

1 min read

BPI has launched a pilot program using stablecoin settlement rails for cross-border payments, with the Philippine lender targeting faster and lower-cost remittances for freelancers, virtual assistants, and other overseas income earners.

Summary

BPI has launched a stablecoin settlement pilot to speed up and lower the cost of cross border payments to…

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