Analysis Today TheBitTimes.com

“A new alliance between Circle and Coins.ph is set to transform the financial landscape for 18 million users, promising them swifter, more affordable, and readily accessible remittance options. Circle, the issuer of the United States dollar-pegged stablecoin USDC, is significantly expanding its footprint in the Philippines through this exciting local partnership. On the 10th of October, Circle unveiled a strategic collaboration with Coins.ph, a prominent cryptocurrency exchange and digital wallet provider in the Philippines. This dynamic partnership between Coins.ph and Circle is poised to revolutionize cross-border transactions and payments, making them faster and more cost-effective for the Filipino people, as both companies emphatically stated. In 2022, the average cost of sending a $200 payment to Asia was 5.7%, according to World Bank data. In the Philippines, remittances pose an even more intricate challenge, especially for the unbanked, constituting 44% of the adult popul...

Uquid collaborates with Ontology Network. The ONT token will now be accepted as a new payment method on the Uquid marketplace, further expanding the number of payment options available to customers. Uquid, a leading Web3 e-commerce platform, offers a wide range of products and services including vouchers, digital cards, game keys, etc as well as physical products and NFTs. Known for its user-friendly interface and its commitment to providing users with the best shopping experiences, Uquid has taken its services to the next level with the addition of Ontology. Ontology, a high-performance blockchain platform, provides a comprehensive suite of infrastructure services for DeFi applications and decentralized businesses. The platform design is flexible, scalable, and secure, making it ideal for various use cases, including digital payments. With Ontology, users can enjoy fast and secure transactions without the risks associated with traditional payment methods. Partnership Highlights This p...