Digital asset exchange Coins.ph has reported a 327% increase in monthly spot trading, with volumes reaching US$500 million back in November 2025. This figure represents a nearly fourfold rise compared to the US$117 million recorded during the same period in 2024.
The platform also hit a new daily record last week, reaching US$50 million in spot trading volume.
According to Coins.ph, this growth is largely fueled by stablecoins like USDT and USDC, which are pegged to the US dollar. These digital assets are increasingly used for transfers and payments rather than just short-term trading.
By offering a faster and more transparent alternative to traditional bank transfers, stablecoins are becoming the go-to choice for corporate payouts, contractor payments, and supplier disbursements.
For users looking for more control, Coins.ph’s Spot Trade feature offers a professional-level order-book platform. Unlike simple “Buy/Sell” or “Convert” options, Spot Trade lets users set prices, access lower fees, and use advanced trading tools, allowing direct trades between users based on real-time market demand.
Coins.ph is also seeing solid activity on its OTC Desk, a dedicated service for high-net-worth and institutional clients who need to move large amounts without shaking up market prices. Designed for transactions above P1,000,000, the desk provides deep liquidity, minimal slippage, and hands-on support to keep pricing stable even for big trades.
To further boost stablecoin utility, Coins.ph recently integrated with the Circle Payments Network, enabling near-instant, compliant peso settlements across more than 120 local banks and e-wallets.
The platform is also running educational campaigns and city roadshows to help more Filipinos understand how stablecoins can simplify everyday payments and transfers.
