USDC

<ul><li>Coins.ph and Circle collaborate to leverage USDC for efficient international money transfers.</li><li>Remittance inflows to the Philippines in 2022 totaled $36.1 billion amid high traditional transfer fees.</li><li>Circle expands USDC support on Polygon&#39;s PoS network, tapping into the growing DeFi, NFT, and gaming sectors.</li></ul>Coins.ph, a leading Philippine fintech, has solidified a strategic partnership with global fintech firm Circle Internet Financial (Circle). The goal is to harness USDC, a regulated digital dollar stablecoin, offering a secure, efficient, and swift solution for international money transfers to the vast 18 million user base of Coins.ph.Jeremy Allaire, the CEO of Circle, spotlighted this development on Twitter, stating:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/47c7719178b64a08b37bed9cfcd9b351.png" />The <a href="https://www.circle.com/en/pressroom/coins.ph-and-circle-to-promote-financial-inclusion-through-remittances-in-the-philippines" rel="noopener noreferrer nofollow">announcement</a> highlighted a 2022 <a href="https://www.bsp.gov.ph/SitePages/MediaAndResearch/MediaDisp.aspx?ItemId&#61;6617&amp;fbclid&#61;IwAR00APGgILCyd98_TpPbr3vvJzdR4GdApaqBRd3oQ_vh_x9Zpz-6TacJDXU" rel="noopener noreferrer nofollow">report</a> from the Bangko Sentral Ng Pilipinas (Central Bank of the Philippines). It stated that remittance inflows to the Philippines reached $36.1 billion, demonstrating the significant financial inflow to the nation. Meanwhile, conventional remittance methods were associated with high fees and extended transaction times.Read full article at<a href="https://cryptotale.org/coins-ph-joins-hands-with-circle-to-revolutionize-remittances-with-usdc/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Coins.ph Joins Hands with Circle to Revolutionize Remittances with USDC

CryptoTale

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