Aussie Fintech Simplifying Money Transfers to the Philippines

March 26, 2024
1 min read

TLDR:

  • Australian fintech company Stables has launched international remittance services between Australia and the Philippines.
  • This service will allow users in over 130 countries to send Australian Dollars or Philippine Pesos to over 140 million people.

An Australian fintech company called Stables has announced the launch of international remittance services that will connect Australia and the Philippines. This service is aimed at providing a seamless way for users in over 130 countries to send funds in Australian Dollars or Philippine Pesos to over 140 million individuals in both countries. The company will be using stablecoins to power these transactions, ensuring quick and secure transfers. This initiative marks a significant milestone for Stables and positions them as a key player in the growing fintech industry, providing much-needed financial services to individuals across borders.

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