According to RemitRoutes data (updated 1h ago), the cheapest way to send 1,000 USD to Philippines is WorldRemit at -1.64% total cost. Crypto rails at 0.11% are 1.75 percentage points more expensive than the cheapest traditional option at -1.64%.
Sending $1,000 USD. Rates measured 1h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ WorldRemit | Traditional | 63,859 PHP | -1.64% | 1-2 business days |
| Xoom | Traditional | 62,922.56 PHP | -0.15% | Unknown |
| ✦ Coins.ph | Crypto | 62,756.95 PHP | 0.11% | ~5 seconds |
| Remitly | Traditional | 62,616.83 PHP | 0.33% | Unknown |
| Instarem | Traditional | 62,161.84 PHP | 1.06% | Unknown |
| Wells Fargo ExpressSend | Traditional | 62,063.1 PHP | 1.22% | 1-3 business days |
| Wise | Traditional | 62,020.41 PHP | 1.28% | ~2 business days |
| Western Union | Traditional | 61,002.2 PHP | 2.90% | 1 business day |
| Wells Fargo | Traditional | 60,786.22 PHP | 3.25% | Unknown |
| OFX | Traditional | 60,033.62 PHP | 4.45% | Unknown |
| PayPal | Traditional | 59,861 PHP | 4.72% | Unknown |
How this corridor's all-in cost has moved — measured corridor fee history from 89 daily snapshots. A negative cost means the recipient gets more than the mid-market amount.
| Rail | Latest | 90-day median | Best | Worst |
|---|---|---|---|---|
| Crypto / stablecoin | -0.03% | 0.07% | -9.92% | 0.74% |
| Traditional | 0.32% | 0.32% | 0.00% | 1.26% |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full USD → PHP cost data
In Q3 2026, crypto rails delivered 1.18% above mid-market on average versus 1.76% all-in for traditional providers across 462 corridors — crypto was cheaper at or below mid-market in 41.8% of corridors and delivered above mid-market via P2P premium routes in a further 56.1%.
→ Cross-Border Cost Index — Q3 2026Paying a $1,000 contractor costs a median 1.16% all-in with the typical provider across 30 countries; the cheapest at-or-below-mid-market option averages 0.51%.
→ Global Contractor Payout Costs