Coins.ph is rolling out a nationwide stablecoin education campaign aimed at helping Filipinos—especially those reliant on remittances — save more on cross-border transfers.
The initiative, which runs from late 2025 through the second quarter of 2026, will combine financial literacy programs with the new Polkadot Stablecoin Adoption Program, including a one-time reward for first-time users in OFW-heavy regions such as Metro Manila, CALABARZON, and Central Luzon.
The move comes on the heels of Coins.ph’s successful integration with the Polkadot Asset Hub, a parachain designed specifically to support stablecoins and high-speed on-chain transactions. With the upgrade, Coins.ph users can now send and receive USDT and USDC on the Polkadot network at significantly lower fees and with faster settlement times.
Deposits and withdrawals simply require selecting the Polkadot network when transferring supported stablecoins.
Coins.ph moves to cut remittance costs nationwide
Coins.ph says the shift is meant to address long-standing gaps in remittance costs and speed—pain points that affect millions of overseas Filipinos and their families.
By leveraging Polkadot’s optimized infrastructure, the company aims to offer a more affordable alternative to traditional correspondent banking channels, where fees and multi-day settlement remain the norm.
The firm’s timing aligns with global trends. Stablecoins now account for an estimated 23% of worldwide remittance flows, with Asia projected to reach as much as USD 250 billion in stablecoin-backed remittances by 2028. Coins.ph says preparing Filipino users for this shift is essential to keeping the country competitive in digital finance.
“At Coins.ph, our mission is to make crypto a truly practical tool for everyday financial needs,” said Wei Zhou, CEO of Coins.ph. “By reducing the cost and time involved in stablecoin transfers through Polkadot, we’re ensuring more of our users’ hard-earned money stays in their hands.”
The Polkadot Asset Hub integration also improves user experience with quicker transaction finality, improved interoperability, and access to a wider Web3 ecosystem. Beyond remittances, the upgrade opens the door for new digital asset features and future stablecoin applications on the Coins.ph platform.
Polkadot upgrade unlocks faster, more reliable stablecoin transfers
Nicolas Arevalo, CEO of Velocity Labs and a core Polkadot contributor, said the partnership demonstrates how next-generation blockchain infrastructure can deliver concrete benefits.
“We’re excited to expand access for the Philippine market to fast, reliable stablecoin transfers,” he said. “This supports financial inclusion for millions who depend on efficient, cost-effective cross-border transactions.”
Coins.ph’s education push will include online learning sessions, in-app materials, and community activations designed to help users understand how stablecoins work, how to transfer them safely, and how they can reduce remittance expenses.
Updates on the Polkadot Stablecoin Adoption Program and upcoming educational activities will be posted on Coins.ph’s official channels.
