PALO ALTO, Calif.--(BUSINESS WIRE)--Aug 20, 2025--
Higlobe, the global business payments innovator, today announced a strategic partnership with Coins.ph, the leading digital wallet and crypto exchange in the Philippines. This first-of-its-kind partnership will deliver the guaranteed lowest-cost, most transparent cross-border payment solution for U.S. businesses paying Filipino freelancers, vendors, and remote teams.
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The partnership seamlessly addresses a massive need. Currently, the Philippines receives nearly $40 billion in remittances annually, with traditional fees ranging between 1% to 6% of each transfer. Even modest adoption of the new Higlobe-Coins.ph solution is predicted to generate substantial savings for businesses and workers. For example, if just 1% of this market ($400 million) were routed through the Higlobe-Coins.ph solution, users would save $5.6 million annually compared to market-average fees. At 10% market adoption ($4 billion annually), the potential savings would jump to $56 million per year, demonstrating the significant impact of the partnership's 0.6% fixed FX fee structure and lowest cost guarantee.
“Stablecoins are reshaping how value moves globally. Our partnership with Higlobe removes the friction in international payments, giving Filipino professionals a faster, more affordable way to receive cross-border payouts,” said Wei Zhou, CEO of Coins.ph. “This collaboration reflects our commitment to real world crypto use cases and expanding financial access for Filipinos.”
Evolving Payments Structures for a Global Workforce
As the world labor markets shift towards a borderless economy, the Higlobe-Coins.ph partnership delivers a true edge to U.S. companies: faster, cheaper, and fairer access to top talent in the Philippines. Higlobe provides users with a free U.S. receiving account, zero transfer fees from the U.S., and a single, transparent FX fee of just 0.6% for PHP withdrawals to the Filipino professionals and businesses.
By combining Higlobe’s stablecoin-powered payment infrastructure with Coins.ph’s BSP-regulated peso payout rails, the partnership delivers unmatched value for users, which includes a base of Coins.ph ’s 18 million existing users across the Philippines.
“This partnership directly addresses one of the most frustrating problems for global workers– unfair FX and transaction fees,” said Teymour Farman-Farmaian, CEO of Higlobe. “Our partnership with Coins.ph shows the power of fintech technology to remove unnecessary barriers. We’re proud to use innovation to help Filipino professionals keep more of what they earn.”
Higlobe currently supports payments from the U.S. to the Philippines, Brazil, Mexico, Colombia, and Argentina, with EU-based sender support launching soon. To get started, visit www.higlobe.com.
About Coins.ph
Coins.ph allows users to buy, sell, and manage cryptocurrencies while accessing a wide range of financial services including bill payments, mobile top-ups, and local transfers. Coins.ph is fully regulated by the Bangko Sentral ng Pilipinas and was the first crypto company in Asia to secure both Virtual Currency and Electronic Money Issuer licenses from a central bank.
About Higlobe
Higlobe, Inc was founded in 2020 by Teymour H. Farman-Farmaian and Jeff Bolton who used their global experiences to build an international payment transfer solution that leverages stablecoins that are 1:1 backed by U.S. dollars or U.S. government treasury securities to transfer money quickly. Higlobe’s investors include Battery Ventures, TTV Capital, FjLabs, Reciprocal Ventures, Paxos, DCG, and Raptor Group.
Higlobe and Coins.ph launch new low-cost U.S.–Philippines payment solution
GENEVA--(BUSINESS WIRE)--Jan 15, 2026--
Cargill today announced the maiden voyage of Brave Pioneer, the first of five green methanol dual-fuel dry bulk vessels chartered by the company. The deployment of the Brave Pioneer marks another important milestone in Cargill’s broader decarbonization efforts – one focused on innovation, testing and learning as the company works with customers and partners to refine future-ready solutions for Cargill and the industry.
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Built by Tsuneishi Shipbuilding Co., Ltd. and owned by Mitsui & Co. Ltd., Brave Pioneer is equipped to operate on both conventional marine fuels and green methanol, a lower-carbon alternative. The estimated CO2 saving of using green methanol compared to conventional fuel is up to 70%.
The ship departs the Philippines today, will bunker green methanol in Singapore, then proceed to Western Australia before sailing onward to Europe. Through Brave Pioneer ’s maiden voyage, Cargill will conduct a series of operational trials designed evaluate methanol bunkering readiness, understand how environmental attributes can be traced and verified through carbon accounting systems, and assess market appetite for low-carbon freight services.
“Decarbonising global shipping requires a mix of technologies and the willingness to take bold steps before the entire ecosystem is ready,” said Jan Dieleman, President of Cargill’s Ocean Transportation business. “Technologies like green methanol or wind-assisted propulsion come with uncertainty. But as an industry leader, we have a responsibility to test these innovations on the water, share what we learn, and help shape the systems and standards that will enable wider adoption.”
Setting the Stage for a New Low-Carbon Fleet
The launch of Brave Pioneer paves the way for the four additional vessels that will join Cargill’s fleet over the coming years. The addition of these vessels strengthens Cargill’s multi-solution decarbonization approach, which includes wind-assisted propulsion, voyage optimization technologies, energy-efficiency retrofits and exploration of alternative fuels such as biofuels and ethanol.
Each represents another step in the company’s broader efforts to embed sustainability into global ocean supply chains and support customers looking for practical, lower-carbon freight options.
“We know the road to low carbon shipping will require a mix of solutions and green methanol is one part of that portfolio,” Dieleman continued. “Our new fleet is about optionality and adaptability. These vessels are engineered to perform at a best-in-class level on conventional fuel today, while allowing us to switch to greener fuels as availability improves. It’s a practical way to future-proof ocean transport.”
As one of the world’s largest charterers of dry bulk freight, Cargill’s actions send a strong demand signal to the market and serve as an open invitation for others in the maritime sector to join in advancing the transition to sustainable shipping.
The initiative supports Cargill’s broader effort to reduce supply chain emissions and invest and test practical innovations that advance progress toward a more sustainable global food system. Green methanol-enabled vessels—paired with the eventual expansion of renewable fuel supply—are expected to play a meaningful role in reducing maritime emissions over the coming decade.
About Cargill
Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.
Our 160,000 team members innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing—today and for generations to come. For more information, visit Cargill.com and our News Center.
Through Brave Pioneer’s maiden voyage, Cargill will conduct a series of operational trials designed evaluate methanol bunkering readiness, understand how environmental attributes can be traced and verified through carbon accounting systems, and assess market appetite for low-carbon freight services.
The ship departs the Philippines today, will bunker green methanol in Singapore, then proceed to Western Australia before sailing onward to Europe.
Built by Tsuneishi Shipbuilding Co., Ltd. and owned by Mitsui & Co. Ltd., Brave Pioneer is equipped to operate on both conventional marine fuels and green methanol, a lower-carbon alternative.
