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News October 19, 2024

Coins.ph Announces Partnership with Mastercard within their Stellar Integration

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Wei Zhou, CEO of Coins.ph, discusses a partnership with Mastercard involving the Mastercard crypto credential network. This collaboration aims to enhance remittance services in the Philippines using the Stellar network’s USDC, potentially lowering transaction fees to less than 1%. The initiative also supports compliance and security processes, ensuring regulatory adherence and swift financial transactions.