Coins.ph, the leading digital asset exchange in the Philippines, has entered the new year with unprecedented momentum, reporting a massive 327% growth based on its most recently available spot trading data.
The exchange recorded a landmark November performance of USD500 million, a nearly fourfold increase from the USD117 million recorded in the same month of 2024.
Coins’ growth trajectory further reached a new peak last week, with the platform hitting an all-time high of USD50 million in daily spot trading volume.
The Coins.ph Spot Trade feature is a professional-grade order-book exchange designed for users who want more control, lower fees, and advanced tools compared to standard retail “Buy/Sell” or “Convert” options. It allows you to trade cryptocurrencies directly with other users at prices determined by market supply and demand.
The Rise of Stablecoin Utility
The primary driver of this explosive growth in spot trading is the rapid evolution of stablecoins from speculative assets to essential financial infrastructure. Stablecoins like USDT and USDC, digital assets pegged 1:1 to traditional currencies such as the US Dollar, have emerged as a critical digital bridge for the Philippine economy, where remittances reached USD38.3 billion at the end of 2024.
By offering a faster and more transparent method for cross-border payments than traditional banking rails, stablecoins are now the preferred vehicle for corporate payouts, contractor payments, and supplier disbursements.
“These spot trading milestones are a testament to the critical role stablecoins are playing in modernizing Philippine finance,” stated Wei Zhou, CEO of Coins.ph. “It signals a strong market appetite for efficient, regulated digital asset trading, especially for our USDT-PHP and USDC-PHP pairs. We anticipate this robust demand will define the trajectory for Coins.ph and the broader digital asset market throughout 2026.”
Industry-Leading Liquidity and Efficiency
Coins.ph is also seeing strong trading volumes on its OTC Desk, the exchange’s specialized over-the-counter (OTC) trading service designed for high-net-worth individuals (HNWIs) and institutional clients who need to execute large-scale transactions without impacting the broader market.The OTC Desk offers deep liquidity, zero slippage, and personalized support for transactions exceeding PHP1,000,000, ensuring price stability even during the largest market movements.
Central to this strong performance is the spread—the difference between the buy and sell price—which Coins.ph has reduced to an industry-low 3 basis points (bps), well below the 12 to 35bps offered by other exchanges. By reducing transaction friction, the platform ensures that high-volume traders retain significantly more value than on other regional and global exchanges.
Sustaining Momentum for Stablecoin Growth
To sustain the strong stablecoin trading momentum, Coins.ph is leveraging its recent integration into the Circle Payments Network, enabling near-instant, compliant PHP settlements across over 120 domestic banks and e-wallets.
To build deeper awareness of these real-world applications, Coins.ph is actively conducting educational campaigns and roadshows in key cities nationwide. These initiatives aim to help Filipinos harness stablecoins for more efficient, low-cost financial activities.
Ready to trade at scale? For institutional-sized liquidity and unrivaled pricing, contact the Coins.ph TradeDesk team directly at [email protected] or fill out our interest form here: https://www.coins.ph/en-ph/tradedesk#form.
For more information on professional trading tools, visit the official Coins.ph Trading Help Center.
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