Australian Fintech Stables Launches International Remittances Between Australia and The Philippines
SYDNEY, Australia, March 26, 2024 (GLOBE NEWSWIRE) -- Australian digital wallet provider and payment startup Stables has today announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people across Australia and the Philippines, all powered by stablecoins.
- SYDNEY, Australia, March 26, 2024 (GLOBE NEWSWIRE) -- Australian digital wallet provider and payment startup Stables has today announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor).
- From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people across Australia and the Philippines, all powered by stablecoins.
- As the largest importer of remittances within Southeast Asia, the Philippines has inflows in excess of $40 billion per year (with $5.76 billion from Australia alone).
- Stables and its Founders have an unwavering belief in stablecoins to offer users speed, low-cost settlement, security and reliability for its users.