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- Coins.ph eyes stablecoin stability
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- Not enough warmth from AI in China’s funding winter
Hello reader,
I didn’t write much about crypto last year, but when I did, stablecoins were always in the spotlight.
This was the case when I dove into Tazapay’s stablecoin push last year, with the firm saying at the time that stablecoins have become a “major growth driver.”
No surprises there, as stablecoins have been shaking the foundations of Southeast Asia’s payments pipelines.
Today’s featured story is also about stablecoins, but with a twist.
The recent development comes from Coins.ph, a company best known for its crypto trading services. The Philippine firm is making a play to expand beyond volatile virtual currencies and step into the remittance and cross-border transaction space.
Its CEO Wei Zhou told me that Coins.ph is positioning itself as a “global gateway.”
By using stablecoins, the firm is building a remittance rail that’s faster and cheaper than traditional banking. With more companies jumping on the stablecoin train, the days of waiting for cross-border payments to clear may be numbered.
Miguel Cordon, journalist
Top Story
Coins.ph plots move beyond crypto to daily money app
Coins.ph CEO Wei Zhou says the company was profitable for nine months in 2025. / Photo credit: Coins.ph
While it’s leaning into remittances, Coins.ph aims to be an all-in-one financial app. It currently supports retail payments and money transfers with fiat currency through QR Ph, the Philippines’ standard for QR-based payments.
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