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Australian fintech Stables launches international remittances between Australia and the Philippines

From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140m people across Australia and the Philippines, all powered by stablecoins.

Founded in February 2021, Stables is on a mission to empower people to access the global financial system through transparent and fair stablecoin products. Stablecoin remittances offer cheaper alternatives but still face challenges to adoption. Stables hopes to bridge that gap as it aggressively moves into new international markets in 2024.

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