Providing an on/off ramp for cUSD and CELO is in line with our expertise. They operate a trading platform that provides Filipinos with an orderbook on which to trade digital assets in an open market.

In 2019, the Philippines was the fourth largest destination in the world for remittances by overseas workers, amounting to $35.1 billion. But traditional remittance methods are slow and often costly to the end users. Furthermore, the Philippines is in the midst of a shift from cash-based transactions to digital payments. With cUSD as a stablecoin operating on a user-friendly mobile platform, both remittances and digital payments are promising use cases.