According to RemitRoutes data, sending HKD to Philippines (PHP) currently costs as little as -0.09% via crypto/stablecoin rails versus 0.35% via the cheapest traditional provider — crypto saves 0.44 percentage points. 7 providers tracked, updated every 6 hours.
| Provider | Type | All-in cost |
|---|---|---|
| Binance P2P | Crypto | -0.09% |
| Western Union | Traditional | 0.35% |
| Instarem | Traditional | 0.40% |
| Wise | Traditional | 0.80% |
| HSBC HK | Traditional | 5.77% |
| PayPal | Traditional | 6.84% |
| OFX | Traditional | 7.05% |
Updated October 15, 2026 · refreshed every 6 hours. All-in cost = transfer fee + FX markup on a $1,000-equivalent transfer, measured live. All corridors · methodology.