The money transfer giant has teamed up with blockchain startup Coins.ph to enable residents of the Philippines to directly receive cash remittances.
Ripple is recommending three cryptocurrency exchanges as the "preferred partners" for transacting on its xRapid payments platform.
The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines.
Bitcoin services firm Coins.ph has launched Teller, an Abra-inspired mobile app in Indonesia, the Philippines and Thailand.
Coinbase customers in 24 countries will now be able to use a cash-to-cash remittance service based on bitcoin’s blockchain to send money to the Philippines. By employing Coinbase’s API, Philippines-based Coins.ph is allowing the wallet and exchange platform’s two million registered users to send pesos to recipients in the Southeast Asian country through a variety of delivery methods. To use the service, users […]
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