According to Coins.ph, the company is expanding its local payment rails to boost on-chain remittance and crypto-to-cash conversions across the Philippines, leveraging its position as one of the nation's largest digital transaction processors with 2 million transactions daily (source: Coins.ph Twitter, May 8, 2025). This move is expected to increase cryptocurrency liquidity and accessibility for traders in the region, supporting faster fiat on- and off-ramps and potentially driving higher trading volumes in popular cryptocurrencies like Bitcoin and USDT within the Philippine market.