CiNKO announced the addition of PayPal USD (PYUSD) support, becoming one of the first payment platforms in Latin America and the Caribbean to accept PYUSD, and providing access to one of the world's most tightly regulated stablecoins for users in 44 countries in the region.

Philippine cryptocurrency exchange Coins.ph has partnered with New York-based blockchain infrastructure platform Paxos Trust Company to facilitate more efficient cross-border remittances using PayPal USD (PYUSD). With PYUSD now available on Coins.ph, the partnership aims to provide more convenient fund transfers for Filipinos, particularly those receiving money from overseas.