EBANX, led by CEO João Del Valle, launches stablecoin payment solutions in the Philippines, integrating with local e-wallets GCash and Maya as of September 22, 2025.
This expansion into the Philippines signals EBANX’s strategic push into APAC, enhancing digital transactions and offering greater payment flexibility through stablecoins in a rapidly growing digital economy.
EBANX has announced the launch of stablecoin payment options including USDC and USDT, alongside their expansion into the Philippines.
This move integrates major e-wallets GCash and Maya, broadening EBANX’s reach in the digital payment ecosystem.
EBANX Integrates USDC, USDT For Philippine Entry
EBANX has announced the launch of stablecoin payment options including USDC and USDT, alongside their expansion into the Philippines. This move integrates major e-wallets GCash and Maya, broadening EBANX’s reach in the digital payment ecosystem. AI and stablecoins transforming e-commerce at EBANX summit in Mexico
The CEO of EBANX, João Del Valle, outlined the benefits for global merchants, emphasizing flexible settlement options through a single API integration. The expansion targets digital commerce, leveraging stablecoins for cross-border transactions in emerging markets.
Philippines’ E-commerce to Hit $610 Billion by 2028
The expansion into the Philippines could potentially increase stablecoin usage in the region, boosting e-commerce growth. Analysts forecast the country’s digital economy to reach $610 billion by 2028, providing a fertile ground for financial innovation.
The financial impact includes supporting cross-border settlements and enhancing merchant services. No changes in on-chain data or TVL have been reported. Experts highlight the role of stablecoins in empowering remittances and reducing payment friction in emerging markets.
Industry Experts Highlight Stablecoin Settlement Potential
Previous fintech expansions, such as those by Stripe and Airwallex, into APAC regions saw increased transaction volumes. However, they left minimal direct impact on other cryptocurrency markets, reflecting stablecoins’ niche-specific effects. USDC saw $133 billion in exchange inflows recently
Experts from Kanalcoin expect this expansion by EBANX to further demonstrate the efficacy of stablecoins in facilitating merchant settlements. While there’s no immediate impact on DeFi or governance tokens, the move aligns with accelerating digital wallet penetration.
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