cryptocurrency

You can now top up your GrabPay wallet using cryptocurrencies like BTC, ETH, and stablecoins through a partnership with local exchange PDAX. Additionally, GCash users can trade Axie Infinity's in-game currencies (AXS and SLP) directly through the GCrypto feature within the GInvest section of the app.

UnionBank has partnered with Coins.ph to offer its clients preferential rates for buying, selling, converting, and spot trading cryptocurrencies. Furthermore, the Philippine Digital Asset Exchange (PDAX) has expanded its mobile app offerings, listing 34 cryptocurrencies including new tokens like ApeCoin (APE), Algorand (ALGO), and Decentraland (MANA) for direct trading with Philippine pesos.

Key trends include the growth of GameFi (gaming finance), where tokens like Mega Dice's $DICE are used within crypto-native casinos, and learn-to-earn models, as seen with the 99Bitcoins ($99BTC) token. There's also significant institutional interest shifting towards altcoins like Solana (SOL), Litecoin (LTC), and Chainlink (LINK), while new meme coins such as Sealana ($SEAL) continue to emerge on blockchains like Solana.