Coins.ph Records 327% Growth and Breaches US$500 Million in Trading Volume

Coins.ph has reported a 327% increase in monthly spot trading, with volumes reaching US$500 million (approximately PHP 29.4 billion) back in November 2025.

This figure represents a nearly fourfold rise compared to the US$117 million recorded during the same period in 2024. The platform recently recorded a daily spot trading peak of US$50 million.

Company leadership attributes this growth to the increasing use of stablecoins like USDT and USDC as financial infrastructure for cross-border payments.

In the Philippines, where remittances totalled US$38.3 billion at the end of 2024, stablecoins are becoming a preferred method for corporate payouts and supplier disbursements due to their transparency compared to traditional banking.

The exchange has also noted activity in its over-the-counter (OTC) desk, which handles transactions exceeding PHP 1,000,000 for institutional clients.

To attract high-volume traders, the platform has reduced its spread, the difference between buy and sell prices, to 3 basis points (bps).

It is notably lower than the 12 to 35 bps typically offered by other exchanges, allowing traders to retain more value during transactions.

To support continued growth, Coins.ph has integrated with the Circle Payments Network.

The partnership enables near-instant PHP settlements across 120 domestic banks and e-wallets.

Coins.ph is currently conducting educational roadshows in major cities to increase awareness of stablecoin applications for low-cost financial activities.

Featured image: Edited by Fintech News Philippines based on an image by Coins.ph.

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