Coins.ph Taps Polkadot Asset Hub For Seamless Stablecoin Transfers

BY
/
Aug 14, 2025

MANILA, Philippines – August 14, 2025 – Coins.ph, the Philippines’ leading crypto platform, has officially integrated Polkadot Asset Hub, enabling users to send, receive, and transfer stablecoins like USDT and USDC with greater speed and lower costs. This move strengthens Coins.ph’s commitment to providing practical, user-friendly access to emerging blockchain technologies.

Polkadot Asset Hub is a dedicated parachain built for stablecoins and fungible assets. With this integration, Coins.ph users can now enjoy more efficient stablecoin transactions compared to traditional blockchain networks, while gaining access to the Polkadot growing Web3 ecosystem.

“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 across wherever they may be,” said Wei Zhou, CEO of Coins.ph.

With this integration, Coins.ph users can experience faster and more affordable stablecoin transfers, with lower fees and quicker transaction times. It also enables smoother interoperability, allowing users to move assets from Coins.ph and other Polkadot-compatible wallets and platforms with ease.

Beyond transfers, the integration provides access to Polkadot’s growing DeFi ecosystem, opening up new ways for users to utilize and manage their digital assets.

“As core contributors to Polkadot, Velocity Labs is laser-focused on ensuring that Polkadot’s unique Web3 infrastructure delivers real-world impact. Our partnership with Coins.ph expands access for the Philippine market to fast, reliable stablecoin transfers,” says Nicolas Arevalo, CEO of Velocity Labs.

Users can access this feature by selecting the Polkadot network when depositing or withdrawing supported stablecoins in the Coins.ph app or website.

The integration aligns with Coins.ph’s ongoing mission to power the Web3 future with accessible crypto tools that deliver real value to everyday Filipinos.

About Coins.ph

Coins.ph is on a mission to power the new internet with easy access to digital assets and web3 products. Launched in 2014, Coins.ph is the most established crypto brand in the Philippines and has gained the trust of more than 18 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services.

Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first ever crypto-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.

About Polkadot

Polkadot is the most scalable, secure, and resilient Web3 platform. It enables developers to launch custom appchains, rollups, or Ethereum-compatible smart contracts with built-in security and seamless cross-chain communication. From DeFi and gaming to real-world assets, Polkadot empowers teams to build without compromise. Backed by resilient infrastructure, decentralized governance, and a thriving ecosystem, Polkadot provides a powerful foundation for next-generation applications, giving builders and users the freedom and tools to shape the future of Web3.

GET MORE OF IT ALL FROM
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Recommended reads from the metaverse