Philippines: No Firm Timeline for Stablecoin Adoption as Visa Explores International Transfers
Culture

Philippines: No Firm Timeline for Stablecoin Adoption as Visa Explores International Transfers

Global payments giant Visa has not set a firm timeline for adopting stablecoin-based international money transfers in the Philippines, despite ongoing overseas commercial deployment. The company cited the readiness of local financial institutions, regulators, and consumers as key factors.

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  • Ombudsman Urges Outsourcing of Visa Processing, Transferring Role from DFA

    Philippine Ombudsman Jesus Crispin Remulla has called for outsourcing visa processing to a third-party provider, questioning the Department of Foreign Affairs' (DFA) capacity to screen foreigners entering the country. He suggested transferring the role to the Department of Justice (DOJ).

  • Butuan Indigenous Peoples Mark IP Day with Lumad Rites, Cultural Contests

    Indigenous communities in San Francisco, Agusan del Sur, celebrated Indigenous Peoples' Day and the 29th anniversary of the Indigenous Peoples' Rights Act (IPRA) with sacred rituals, chants, and traditional dances, fostering cultural heritage and community unity.

  • Cagayan Festival Features Roasted Pigs Stuffed With Crabs

    Thousands in Buguey, Cagayan feasted on roasted pigs stuffed with crabs during the annual Crab, Mangrove and Nipa Festival. The event celebrates local culture and promotes environmental awareness in the region.

  • PCG to Deploy 17,000 Personnel for Undas Travelers

    The Philippine Coast Guard (PCG) will deploy up to 17,000 personnel at ports nationwide to assist travelers during the observance of All Saints’ and All Souls’ Day (Undas). From October 29 to November 3, strict passenger and baggage inspections, along with an emergency response group, will be activated.