Visa: 45% of Filipinos send and receive cross-border remittances
- —45% of Filipinos sent remittances abroad; 45% received them
- —Australia stood at 35% and Japan at 8%
- —28% use mobile wallets for remittances; 29% have faced transfer fraud
- —Visa gave no launch date for consumer stablecoin remittances
Why it matters: The Philippines is a major Asia-Pacific remittance market, so stablecoin settlement there could meaningfully lift USDC volumes.
Source: TokenPost
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