From TravelX’s expansion to PayFi in Siargao, here are some crypto updates from the Philippines.
Today, we’ve curated notable crypto and blockchain news from the Philippines for the past week (March 10-16, 2025).
TravelX Expands in PH
TravelX partnered with Cebu Pacific Air to enhance the airline’s post-booking revenue management using blockchain-based solutions.
Built on the Algorand blockchain, TravelX aims to optimize airline operations and drive growth through its innovative “NFTickets,” which tokenize airline seats, enabling easier transfers and resale.
CoinEx Activities in PH
CoinEx is strengthening its presence in the Philippines by sponsoring the National Chess Federation of the Philippines (NCFP) Chess Championships, where top Filipino players will compete for a spot in the Asian Youth Chess Championships in Thailand.
Beyond chess, CoinEx also participated in Pasigarbo 2025 at Holy Name University (HNU) during its annual HNU Days from Feb. 17-22, attracting more than 1,000 attendees with interactive games, raffles, and promotions of the CoinEx app, AniChess Crypto Game, and Mole Smash.
Worldcoin Participants in Bulacan
A report from Kapuso Mo, Jessica Soho highlighted mixed reactions to Worldcoin, with some participants successfully converting their $WLD tokens to cash while others struggled with withdrawals.
Filipinos in Bulacan, including Jhe Mendoza, Elenita and Evangeline Serrano, and Abigail Doria, lined up for Worldcoin’s iris scanning, receiving up to ₱2,500 in exchange for their biometric data. While Mendoza affirmed the project’s legitimacy, the Serrano family and Doria voiced skepticism, weighing financial need against privacy concerns. Tricycle driver Renato “Henry” Supnit shared frustrations over withdrawal issues and fears of data misuse, ultimately deleting the World app.
Duterte Memecoins
Following the arrest of former Philippine President Rodrigo Duterte at Manila’s Ninoy Aquino International Airport, Solana-based memecoins themed after him quickly emerged on the Pump.fun platform. However, despite the high-profile event, these tokens have seen minimal trading activity and investor interest.
Each of the three memecoins launched has a market cap under $5,000, many of which failed to even reach the bonding curve—a pricing mechanism on Pump.fun where a token’s price increases as more people buy in. The lack of demand prevented these tokens from gaining traction, leaving them stuck at their initial price levels.
Bitget Wallet and Buhayin Partner to Boost Digital Inclusio in Siargao
Buhayin, an advocacy group focused on island communities, has partnered with Bitget Wallet and crypto exchange Bitget to enhance financial and digital inclusion in Siargao through the PayFi initiative. The collaboration launched during Kapit-Isla Siargao from March 12-16, 2025, introducing blockchain-based financial tools and digital literacy programs to local businesses and residents.
PayFi, Bitget Wallet’s new blockchain payment system, enables merchants to accept stablecoins and digital assets, facilitating fast, low-cost transactions without intermediaries.
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This article is published on BitPinas: Crypto PH News Recap: Mar. 10 – 16, 2025
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