Stables Pioneers International Remittances for AU-PH Corridor
Monday, 25 March 2024, 21:30
Australian Fintech Stables Launches International Remittances Between Australia and The Philippines
About the Announcement
- Stables introduces international remittances for AU-PH Corridor users
- Seamless transfer of stablecoins for over 140 million recipients
Stables empowers users in 130+ countries to send Australian Dollars or Philippine Pesos, bridging the gap for unbanked populations in the Philippines. With a strategic focus on stablecoin adoption, this initiative is poised to revolutionize remittance services.
Key Statements
- CEO Erez Rachamim: "Stables aims to enhance financial access globally through stablecoin innovations."
- Rachamim: "Stablecoin remittances offer speed and cost efficiency, shaping cross-border payments."
Stables plans to expand its services, capitalizing on partnerships with industry leaders like Mastercard to drive stablecoin adoption and usage.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.