Bitcoin

USDC

/send

MN Coin

<h4><strong>This innovation has opened up a new era for remittances. Allowing users to transact across chains, stabilize their funds, and cash out effortlessly in the Philippines through a range of e-money services.</strong></h4> 
<p>Traditionally, cross-border transactions and remittances were often associated with time-consuming processes and high fees. In this case, we’ll see a significant feature for people in The Philippines who use USDC.</p> 
<h4><strong>USDC Cross-Chain Transfers Simplify Philippines Remittances</strong></h4> 
<p>Now, users can initiate a cross-chain transfer of USDC, ensuring the stability of their funds throughout the process. By utilizing blockchain interoperability, individuals can send USDC over any compatible chain, ensuring quick and cost-effective transactions.</p> 
<p>This <a href="https://www.altcoinbuzz.io/?s=cross-chain" target="_blank" rel="noopener">cross-chain</a> functionality not only expedites the transfer process but also minimizes the volatility associated with traditional cryptocurrencies.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Impressive. Send USDC over any chain to <a href="https://twitter.com/stables_money?ref_src=twsrc%5Etfw">@stables_money</a> and cash out in the Philippines to any of these e-money services. The global stablecoin routes are coming together! <a href="https://t.co/D6j04jZM9x">pic.twitter.com/D6j04jZM9x</a></p> 
 <p>— Jeremy Allaire (@jerallaire) <a href="https://twitter.com/jerallaire/status/1733626749034922411?ref_src=twsrc%5Etfw">December 9, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Upon reaching the Philippines, the versatility of this cross-chain system shines as users gain access to a plethora of e-money services. Prominent platforms such as Coins.PH, DCPAY Philippines, GCash, GrabPay, Zybi Tech Inc, Lulu Financial Services (Phils) Inc, PayMaya, PalawanPay, ShopeePay, Starpay Corporation, and Tayocash Inc now support the direct cash-out of USDC.</p> 
<h5><strong>More About Withdrawing FIAT Money Using USDC</strong></h5> 
<p>This integration with various e-money services provides users with unprecedented flexibility and accessibility. Whether it’s transferring funds to family members, conducting business transactions, or making everyday purchases. The ability to cash out USDC directly into popular e-money platforms streamlines financial interactions for both senders and recipients.</p> 
<p>The advantages of cross-chain transactions extend beyond convenience. With the ability to send USDC over different chains, users can capitalize on the speed and efficiency of blockchain technology. Minimizing delays and reducing transaction costs. Additionally, the stability of USDC ensures that users can trust the value of their funds. Avoiding the price fluctuations associated with traditional cryptocurrencies.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1f5-1f1ed.png" alt="🇵🇭" class="wp-smiley" style="height: 1em; max-height: 1em;"> Stables now supports Philippine Pesos (PHP) off-ramps <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1f5-1f1ed.png" alt="🇵🇭" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>Starting today, glide through swift and secure USDC off-ramps within your Stables wallet straight to GCash, GrabPay, PayMaya, ShopeePay, and over 100+ Philippines banks <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b3.png" alt="💳" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>As we forge alliances with local banking and… <a href="https://t.co/QY7RyOZ0Gf">pic.twitter.com/QY7RyOZ0Gf</a></p> 
 <p>— Stables <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b3.png" alt="💳" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@stables_money) <a href="https://twitter.com/stables_money/status/1714031181745049974?ref_src=twsrc%5Etfw">October 16, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h5><strong>Conclusion</strong></h5> 
<p>The integration of cross-chain transactions for sending USDC to e-money services in the Philippines marks a significant leap forward in the realm of international remittances. This innovative approach not only enhances the speed and cost-effectiveness of transactions but also provides users with unparalleled flexibility in managing their finances across borders.</p> 
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<p><strong>Disclaimer</strong><br> The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/how-to-withdraw-money-in-the-philippines-using-usdc/">How to Withdraw Money in the Philippines Using USDC</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

How to Withdraw Money in the Philippines Using USDC

Altcoin Buzz

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