Coins.ph has recently revealed its partnering with Polkadot’s Asset Hub.
This aims to facilitate faster and more efficient stablecoin transfers utilizing the Polkadot network and stack, enhancing the overall user experience for Coins.ph customers in the Philippines.
CEO Wei Zhou notes on this:
At Coins.ph, we’re committed to making crypto more practical for everyday use. By integrating Polkadot Asset Hub, we’re significantly reducing the cost and time of stablecoin transfers – perfect for users who want to send funds to their loved ones.
With the Philippines being one of the fastest-growing markets for cryptocurrency adoption in the South Asia region, Coins.ph’s selection of Polkadot for its internal settlement of trading activity is poised to further accelerate the security and finality of exchange for its customers, as well as contribute to the growth of stablecoin usage in the region.
