Philippines' Largest Digital Wallet GCash Adds USDC Support
Portfolio Pulse from
GCash, the Philippines' largest digital wallet, has added USDC support, potentially bringing ~100 million users into Circle's stablecoin network. The company processes $65 billion in annual transactions and is considering an IPO valuation of at least $8 billion by 2025, following a recent funding round that valued it at $5 billion.
March 24, 2025 | 5:45 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Circle's USDC stablecoin gains significant market access through GCash, potentially increasing transaction volume and user base in the Philippines.
GCash's integration of USDC provides direct access to a large user base, potentially increasing USDC adoption and transaction volume in the Philippines' growing digital finance ecosystem.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85