The Future of Payments in the Philippines ft. Alvin Wong (Maya) Ep. 2

The Philippines receives $40 billion in remittances every year, money that still passes through five or six intermediaries before it reaches a family. Eric Cheung talks to Alvin Wong, Head of Crypto Business at Maya, one of the few institutions in the country holding all major financial licenses, about how stablecoins are letting Maya settle that money instantly instead of routing it through a chain of correspondent banks. They dig into why cutting fees never solved the real friction, how Maya plans to make blockchain invisible to everyday users and merchants, and what it'll take for remittances to stop being a "product" and just feel like sending money.