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Author Topic: Visa, Pinag-aaralan ang Stablecoin Remittances sa Pilipinas  (Read 34 times)
Maslate (OP)
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October 27, 2026, 04:01:56 PM
Merited by mirakal (1), crwth (1)
 #1

Visa is a company that partners with banks, if meron kayong ATM, merong Visa and BancNet, (yun lang meron ako) and Visa has already added stablecoins to their services, including USDCpinakasikat sa list, PYUSD, USDG, and EURC. And probably siguro balak nilang pumasok sa bansa natin since malaki ang potential ng Philippines for remittances dahil marami tayong OFWs.



So as usual in business, they need to study the market and Visa conducted a survey, ito ang results ng survey nila.

Quote
- 42% are aware of stablecoins, but only around 20% know how they work.
- 2% of those who have used international transfer services have used stablecoins.
- 38% trust stablecoin transfers.
- 81% trust traditional cash remittances.
- 79% trust conventional digital remittances.
- 79% want more education about stablecoins.
- 70% trust government institutions or central banks to handle digital currencies.
- 68% trust global payment networks like Visa.

As you can see hindi pa talaga aware or walang masyadong tiwala ang mga tao sa cryptocurrency, they still prefer the traditional one kasi hindi pa sila masyadong educated about it, but with Visa it's possible na magkaroon ng tiwala ang mga tao, but of course with partnerships with banks and other financial institutions na may link sa Visa.

So sana they will pursue the business here in PH para na rin sa adoption sa mga tao at malaman nila how useful ang cryptocurrency when it comes to remittances.

Source: https://www.philstar.com/business/2026/10/25/2565469/visa-no-firm-timeline-stablecoin-adoption-philippines

 
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crwth
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October 27, 2026, 04:07:11 PM
 #2

Sa tingin ko, practical talaga na gamitin 'to for remittances pero they should check the total amount of cost for sending/receiving (if any)

Ang magiging challenge dito is "Bakit pa?"

Eh meron naman ng ibang paraan at bakit pa kailangan matuto ng bagong way mag remit. Dapat maintindihan na lower total fees, better exchange rates, and fast transfers ang pwede nilang ma encounter.

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Maslate (OP)
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Today at 12:51:01 AM
 #3

Sa tingin ko, practical talaga na gamitin 'to for remittances pero they should check the total amount of cost for sending/receiving (if any)
Tingin ko mas mura at mas mabilis ito, otherwise why would they interest starting this business in PH.

Ang magiging challenge dito is "Bakit pa?"

Eh meron naman ng ibang paraan at bakit pa kailangan matuto ng bagong way mag remit. Dapat maintindihan na lower total fees, better exchange rates, and fast transfers ang pwede nilang ma encounter.

ito naman sa ibang bansa, mukhang effective.
Quote
  • Mexico - Monthly cross-border stablecoin transfers reached $1.8 billion in June 2026, about 4 times their early 2024 level.
  • Nigeria - Stablecoins accounted for over 65% of cross-border crypto inflows in 2024, with households using them for remittances and international transfers.
  • Brazil - Stablecoin activity grew 495%, although much of the growth involves business payments rather than family remittances.
  • Colombia - Quarterly stablecoin service inflows reached $3.5 billion in Q2 2026, reflecting expanding stablecoin activity.

 
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