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Grab Expands Crypto Payments to Philippines with USDT Support

Grab Expands Crypto Payments to Philippines with USDT Support

Author:
USDT News
Published:
2025-07-28 19:53:48
17
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[TRADE_PLUGIN]BTCUSDT,BTCUSDT[/TRADE_PLUGIN]

Grab, Southeast Asia's leading ride-hailing platform, has extended its cryptocurrency payment services to the Philippines after a successful launch in Singapore earlier this year. This initiative allows users to top up their GrabPay digital wallets using popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and dollar-pegged stablecoins like USDC and USDT. The expansion is facilitated through collaborations with crypto payment processor Triple-A and local exchange PDAX, targeting the Philippines' vast population of 112 million. This move underscores Grab's commitment to integrating digital assets into everyday financial transactions, further solidifying the role of cryptocurrencies like USDT in mainstream commerce. As of July 2025, this development highlights the growing adoption of stablecoins for seamless cross-border and domestic payments in emerging markets.

Grab Introduces Crypto Payments in Philippines

Grab, Southeast Asia's dominant ride-hailing platform, has expanded its cryptocurrency payment options to the Philippines following a successful rollout in Singapore earlier this year. The service enables users to fund their GrabPay digital wallets with Bitcoin, Ethereum, and dollar-pegged stablecoins USDC and USDT.

The move leverages partnerships with crypto payment processor Triple-A and local exchange PDAX to serve the nation's 112 million residents. This strategic expansion underscores Grab's commitment to financial inclusion through digital asset adoption across Southeast Asia's emerging markets.

Grab Users in the Philippines Can Now Top Up Wallets Using Crypto

Grab, Southeast Asia's dominant ride-hailing platform, has expanded its cryptocurrency wallet top-up feature to the Philippines following a successful pilot in Singapore. Filipinos can now fund their GrabPay wallets with Bitcoin (BTC), Ethereum (ETH), and stablecoins USDC and USDT through partnerships with regulated crypto exchange PDAX and payments firm Triple-A.

The MOVE targets financial inclusion in a nation where 64% of adults remain unbanked. With over 112 million people and one of the world's most active retail crypto markets, the Philippines represents a strategic beachhead for digital asset adoption in everyday transactions.

Triple-A's MAS and FinCEN licenses combined with PDAX's BSP authorization provide regulatory cover for the service. Grab's integration mirrors a broader trend of super-apps bridging crypto and traditional finance across emerging markets.

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Grab Philippines Integrates Cryptocurrency Top-Ups in Partnership with Triple-A and PDAX

Grab Philippines has rolled out cryptocurrency payment options for its e-wallets, marking a significant stride in digital currency adoption across Southeast Asia. The feature, developed in collaboration with crypto payments firm Triple-A and local exchange PDAX, supports Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

Eric Barbier, CEO of Triple-A, highlighted the success of a similar launch in Singapore, noting strong user demand. "The Philippines is a market primed for digital currencies," he said. "This initiative bridges the gap between crypto and everyday transactions."

The move follows Grab's earlier introduction of crypto top-ups in its GrabPay wallet, which also accepts traditional methods like bank transfers and debit cards. CJ Lacsican, Head of Grab Group, emphasized the company's focus on financial inclusion: "Digital-first solutions empower Filipinos, particularly the unbanked or those favoring crypto's convenience."

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