Digital remittance firm Remitly and Philippine-licensed crypto exchange Coins.ph have launched a stablecoin-powered remittance solution designed to enable near-instant, lower-cost money transfers from key overseas markets to the Philippines.
To be able to expand its services across the globe, Remitly partnered with 11 countries across Europe to make the service available in Austria, Belgium, Denmark, Germany, Finland, Ireland, Italy, the Netherlands, Norway, Spain, Sweden and the United Kingdom.