🇵🇭 Philippines' oldest bank BPI is piloting stablecoin rails for cross-border payments

Initial focus: payroll + remittances (massive for PH given OFW flows)

Full launch targeted before ASEAN Summit Nov 2026

Still needs Bangko Sentral approval + consumer protection compliance

This is how stablecoins eat traditional remittance rails. Watch the $USDC and $USDT volume in SEA markets