According to RemitRoutes data, sending HKD to Philippines (PHP) currently costs as little as 0.78% via crypto/stablecoin rails versus 0.90% via the cheapest traditional provider — crypto saves 0.12 percentage points. 6 providers tracked, updated every 6 hours.
| Provider | Type | All-in cost |
|---|---|---|
| Coins.ph | Crypto | 0.78% |
| Instarem | Traditional | 0.90% |
| Wise | Traditional | 0.94% |
| HSBC HK | Traditional | 2.87% |
| PayPal | Traditional | 4.67% |
| OFX | Traditional | 4.77% |
All-in cost = transfer fee + FX markup on a $1,000-equivalent transfer, measured live and updated every 6 hours. All corridors · methodology.