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Why Filipino Workers Lose Billions in Remittance Fees | Can Stablecoins Help?
Every year, Filipino workers abroad send over $35 billion back home to support their families.But a significant portion, sometimes up to 14% is lost to remittance fees.In this episode, Kengo Shoda (Founder, Stablecoin Club) shares insights into how stablecoins could offer a more efficient alternative for cross-border payments.He discusses a Philippine peso stablecoin initiative aimed at reducing costs, improving transaction speed, and expanding financial access for families in the Philippines.Beyond that, the conversation explores the broader role of stablecoins including developments like…
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