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Money

PayPal Rolls Out its Stablecoin in the Philippines Through GCash

It can be accessed through the e-wallet's GCrypto feature.

A new stablecoin has officially been introduced to the Philippine market. Financial technology firm PayPal has made its own stablecoin, PayPal USD (PYUSD), available to the public through the e-wallet brand GCash.ALSO READThe BSP Has Approved the Country's First- ...

Industry

Elevate Secures $5-Million Funding to Aid Filipino Freelancers

The fintech startup claims to offer the "highest" foreign exchange rates.

Financial technology startup Elevate has raised additional funding worth $5 million (almost P293 million) to expand its operations and cater to more freelancers in the Philippines. The platform simplifies the process for self-employed workers to receive payments in U.S. dollars ( ...

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