Latest news with #Coins.ph
Cision Canada
6 days ago
- Business
- Cision Canada
WSPN's WUSD Stablecoin Now Available on Coins.ph with PHP Trading Pair
TORTOLA, British Virgin Islands, July 17, 2025 /CNW/ -- Worldwide Stablecoin Payment Network (WSPN), a leading stablecoin infrastructure provider, announced that its USD-backed stablecoin WUSD has officially listed on the Philippines' leading crypto exchange platform. The new WUSD/PHP trading pair enables Filipino users to seamlessly convert Philippine Pesos directly into WUSD, providing a trusted fiat gateway to the global stablecoin ecosystem. The listing on represents a significant milestone in WUSD's expansion across Southeast Asia, particularly in the Philippines, where digital asset adoption continues to accelerate. As the country's most trusted cryptocurrency platform serving millions of Filipino users, provides an ideal entry point for WUSD into this strategic market. Given the Philippines' position as a major remittance destination, the integration provides users with direct WUSD/PHP conversion capabilities, eliminating the need for multiple currency conversions and offering 24/7 availability for cross-border transactions and stable value storage. As WSPN continues to deepen its collaboration with leading regional exchanges, it remains dedicated to fostering a more inclusive and accessible financial ecosystem for users across Southeast Asia and beyond. About WSPN WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN's Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption. Learn more: | X | LinkedIn About is on a mission to power the new internet with easy access to digital assets and web3 products. Launched in 2014, 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. 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.
Yahoo
23-06-2025
- Business
- Yahoo
Visa's Crypto Integration: A Game Changer or a Risky Bet?
A global payment giant, Visa Inc. V, is increasing its focus on blockchain technology to bridge the gap between the worlds of traditional finance and decentralized currencies. The company has been increasing its presence in the crypto space through fintech partnerships and pilot projects. It has teamed up with crypto platforms like and Coinbase to issue crypto-linked cards and enable direct crypto payments. V has been on a roll, expanding its interoperability efforts. The company launched its first seven-day-a-week stablecoin settlement. It has already surpassed a whopping $200 million in cumulative stablecoin settlement volume. On the programmability front, Visa has also developed the Visa tokenized asset platform, which is designed to help banks issue and utilize stablecoins for innovative new forms of programmable finance. In the stablecoin market, Visa is actively concentrating on a wider range of product opportunities and collaborations. These strategies are designed to make cross-border payments smoother, speed up transactions and meet the needs of a new wave of consumers who are savvy about cryptocurrencies. Visa's cross-border volume increased 13% year over year on a constant-dollar basis in the second quarter of fiscal 2025. Its focus on utilizing stablecoins to reduce remittance fees is a major positive. In a world quickly moving toward digital-first finance, Visa's forward-thinking strategy could help ensure it stays relevant for many years. However, these strategies come with some risks. Regulatory scrutiny of cryptocurrencies is still quite intense across various regions, and the inherent volatility of digital assets can threaten stability and trust. Some of V's competitors in the digital assets space include Mastercard Incorporated MA and PayPal Holdings, Inc. PYPL. Mastercard is one of the closest competitors of Visa in the crypto arena. Mastercard has launched Crypto Credential to secure blockchain transactions. The company is also launching crypto-linked cards across various geographies. Wirex, Bit2Me and have also joined MA's Crypto Credential ecosystem. PayPal is among the pioneers in the fintech space when it comes to cryptocurrency adoption. It has allowed users in some markets to buy, sell and hold cryptocurrencies on its platform. PayPal introduced its own stablecoin, PYUSD, which is designed to facilitate quick and affordable digital payments within its ecosystem. Shares of Visa have gained 7.1% in the year-to-date period against the 0.1% decline of the industry. Image Source: Zacks Investment Research From a valuation standpoint, V trades at a forward price-to-earnings ratio of 27.35, above the industry average of 21.66. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Visa's fiscal 2025 earnings implies a 12.9% jump from the year-ago period. It witnessed 10 upward estimate revisions in the past 60 days against one downward movement. Image Source: Zacks Investment Research Visa stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
