Pays0, a licensed electronic publisher of money and payment system under Bangko Sentral NG Pilipina (BSP), the Philippine Central Bank, has announced a partnership with digital currency exchange coins. Digital currencies. The partnership is designed to improve financial services for both business units and individuals, including the millions of Philippines working abroad.
The cooperation allows for direct access to Coin. PH’s Cryptocurrency solutions Through Pays0’s system that provides a two-way PHP-to-Crypto conversion channel. Companies say this will benefit a number of users, from companies that handle Global payments to individuals who transfer transfers to family members at home.
Seamless conversions and new decommissioning options
Pays0’s Platform enables customers to move funds between traditional and digital financial systems. By integrating Coins.ph’s digital asset features, users will be able to convert PHP to large digital currencies and vice versa directly from the Pays0 interface.
“The collaboration with Coins.ph is an important step in building a future -oriented, inclusive financial ecosystem,” said Penny Jing, CEO and founder of Pays0. “We have not only seen the urgent need for modern financial services in companies, but also the strong desire from everyday users for compatible and extensive financial tools, including digital assets. We believe that through this collaboration we can inject a new momentum into the economic development of the Philippines and the world and open a new chapter in digital finance.”
For corporate customers, this partnership opens effective settlement methods and cross -border Payment opportunities. Blockchain-based transfersespecially with the help of Stablecoins Like USDT, activate faster and safer transfers. This is expected to facilitate payment processes for companies that work with foreign suppliers or conduct international trade.
Strengthening foreign Philippine workers
The partnership is also aimed at an important segment of the Philippine economy: Transfers from foreign Philippine workers (Ofws). Only in March 2025, personal transfers increased by 2.6% from year to year to $ 3.13 billion, according to Data from BSP. For the first quarter of the year, transfers of $ 9.40 billion amounted to $ 9.15 billion during the same period in 2024.
Cash transfers, which make up the majority of the total, also increased by $ 2.7% to $ 8.44 billion in January-March 2025. The increase was largely operated by the US transfers, Singapore, Saudi Arabia and the United Arab Emirates. The United States remained the best source for cash transfers during this period.
“The prolonged growth in personal transfers continues to support domestic consumption and economic activity in the Philippines,” BSP noted in its statement. “The steady flow of funds from Philippines abroad is still a critical lifeline for many families and communities across the country.”
Pays0 and Coins.ph strive to make that process even more efficient. With blockchain-enabled services, OFW can now circumvent traditional transmission intermediaries, reduce fees and improve speed.
“From companies that optimize their economic operations to individuals who are looking for effective transfer alternatives, this partnership highlights how blockchain technology leads innovation and enables more user-centric financial solutions,” said Wei Zhou, CEO of Coins.ph.
The two companies emphasize that by using Stablecoins as a bridge currency, users can minimize volatility risks and maximize the fund value. The decentralized main technology (DLT) behind these transactions ensures that they are transparent, traceable and resistant to manipulation.
Lower costs, faster transfers, better security
Traditional transmission channels often involve several layers of intermediaries, each taking a cut from the transaction. The blockchain-powered system introduced by Pays0 and coins.ph aims to eliminate most of these layers. As a result, the recipients will receive a larger part of the amount sent.
In addition to reducing costs, the partnership promotes Economic inclusion. Many Philippines remain under -banked or unanimous, which lacks access to traditional financial services. By allowing users to interact with digital assets directly through a licensed platform, Paine0- coins.ph opens financial services for wider audiences.
Business use cases are expanding
On the business side, the joint service helps to facilitate smoother and faster payments for companies to business (B2B) across borders. Companies that work with foreign suppliers or partners can now solve invoices with digital assets and avoid the often slow and costly process of converting currencies through traditional bank channels.
As the digital asset space continues to develop, compliance with the legislation remains a key factor. Both companies emphasize their commitment to working within the BSP’s regulations. Coins.ph already acts under BSP surveillance as a licensed virtual asset service provider (VASP), while Pays0 is authorized to issue electronic money and act as a payment system operator.
The cooperation comes at a time when Digital funding accelerates rapidly in the region. The increase in mobile wallets, crypto payments and cross-border blockchain settlements reflects a broader change in how individuals and companies handle their finances.
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