Cryptocurrency financial products top up GrabPay wallet, the feature is now available in Singapore
Cryptocurrency financial products opens cryptocurrency payment in the Philippines, supports BTC, ETH, USDC, USDT to recharge Cryptocurrency financial productsPay wallet
Cryptocurrency financial products, a Southeast Asian online car-hailing giant, announced on July 28, 2025 that Philippine users can now use Bitcoin (BTC), Ethereum (ETH), USDC and USDT to recharge Cryptocurrency financial productsPay wallets through local digital asset exchange PDAX and payment service provider Triple-A.
1. Key cooperation and functional details of Cryptocurrency financial products
Partners:
Triple-A (global crypto payment service provider) is responsible for processing cryptocurrency transactions89.
PDAX (Philippines compliant exchange) provides local legal currency exchange support510.
Supported currencies: BTC, ETH, USDC, USDT, instant funds arrival, improve payment efficiency29.
Target users: mainly for people who lack traditional banking services, promote financial inclusion910.
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2. Cryptocurrency financial products market background and strategic significance
Singapore pilot: This feature was first launched in Singapore in 2024. This expansion to the Philippines will further consolidate Cryptocurrency financial products' leading position in the Southeast Asian digital payment market58.
High crypto adoption in the Philippines: The country is one of the markets with the highest cryptocurrency penetration in the world, partly due to insufficient traditional financial coverage and strong demand for digital payments910.
Compliance and security: All transactions comply with global cybersecurity standards and are supervised by local financial regulators913.
3. Cryptocurrency financial products industry impact
Promote the daily application of cryptocurrencies: As the largest taxi-hailing platform in Southeast Asia (covering 8 countries), this move may accelerate the popularization of crypto payments in retail, transportation and other scenarios19.
Stablecoins (USDC/USDT) benefit: Due to their low volatility, they may become the main recharge option for users713.
4. Future Outlook of Cryptocurrency Financial Products
Cryptocurrency financial products may gradually promote cryptocurrency payments to markets such as Indonesia and Vietnam, further integrating blockchain technology with localized payment ecosystems 910.
For more details, please refer to the official announcement of Cryptocurrency Financial Products or the statement of PDAX Exchange.
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