Stablecoins are becoming popular for payments and remittances, with wider adoption expected in Asia by 2028.
Tether CEO Paolo Ardoino announced the company’s plan to collaborate with Laos-based licensed exchange Bitqik to enhance education initiatives on Bitcoin and stablecoins. The partnership aims to empower individuals through financial literacy and encourage greater participation in formal financial systems.
Following this motive, Ardoino noted that, “By closing knowledge gaps, improving access to education, and showcasing real-life uses for stablecoins, we are working towards a more resilient, inclusive, and opportunity-filled financial future,” he mentioned.
Regarding Tether and Bitqik’s education program, sources familiar with the situation who wished to remain anonymous due to the confidential nature of the matter mentioned that the initiative will offer online resources and host live, face-to-face gatherings in key cities to share knowledge on the practical uses of cryptocurrencies such as stablecoins and the blockchain technology, particularly USDT to individuals of all walks of life.
By the end of this move, the two partners aim to engage more than 10,000 individuals, encouraging the adoption of digital assets among communities and students as their preferred payment method.
In a statement, Virasack Viravong, the CEO of Bitqik, asserted that this partnership is a game-changer for the people of Laos as it will improve digital asset education in the Asian country via the Bitqik Academy.
Some of the topics set to be covered in this initiative include learning activities focused on blockchain technology, investing in Bitcoin, and using stablecoins, enabling a large number of individuals interested in cryptocurrencies to access digital assets throughout the coming year.
As cryptocurrencies become more popular among individuals, reports highlighted that, apart from Tether and Bitqik, Coins.ph, the leading and most established cryptocurrency exchange and mobile wallet platform in the Philippines, launched a significant educational campaign to help several Filipinos lower their remittance costs towards the end of last year.
This education program is set to take effect from late 2025 to the second quarter of 2026. The initiative will cover topics, particularly remittances and payments, and will include a Polkadot Stablecoin Adoption Program that provides new users with a one-time reward. Notably, this program focuses on areas with large numbers of Overseas Filipino Workers (OFWs), such as Metro Manila, CALABARZON, and Central Luzon.
The educational effort was initiated following the Polkadot Asset Hub upgrade. This upgrade has played a crucial role in enhancing Coins.ph’s ability to manage cross-border transactions. With the Polkadot Asset Hub, designed to facilitate stablecoin movement, users on the cryptocurrency exchange Coins.ph can easily send, receive, and transfer popular stablecoins such as USDT and USDC faster and at a lower cost, without delays.
Meanwhile, it is worth noting that Coins.ph is capitalizing on a worldwide trend in which stablecoins are swiftly positioning themselves as cost-efficient alternatives to traditional correspondent banking networks.
Following this finding, sources noted that stablecoins are expected to account for about 23% of global remittance flows.
Moreover, analysts predicted that this cryptocurrency would reach a new all-time high of $250 billion in remittance volume, supported by stablecoins for Asia, by 2028. With this projected, massive shift in financial infrastructure, Coins.ph seeks to establish the Philippines as a leading digital finance hub.
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