Mo makes moving money across borders effortless. Instantly convert Philippine Peso (PHP) into digital dollars (USDC) and back again - with no hidden FX markups, near-instant settlement, and the option to keep your money in USDC to earn high yield or spend globally.
Onramp: Turn PHP into USDC in Minutes
Deposit Philippine Peso (PHP) through local payment methods like InstaPay, PESONet. Your money converts directly into USDC with transparent rates and no hidden fees.
- Simple: Add money with the same payment methods you use every day.
- Safe: Funds go into your Mo smart wallet, secured with passkey authentication.
- Instant Access: Once converted, your USDC is ready to send, earn, trade, or spend.
Offramp: Send USDC to PHP
Cash out USDC through local payment methods like InstaPay, PESONet in minutes. Funds arrive directly in your Philippines bank account - fast, fair, and hassle-free.
- Transparent Pricing: No FX markup, no surprises.
- Near-Instant Transfers: Most transactions settle in minutes.
- Flexible Options: Withdraw all or keep some in USDC to earn or spend later.
Keep It in Digital Dollars
Not ready to convert back to Philippine Peso (PHP)? Mo gives you the freedom to hold your remittance in USDC:
- Earn Yield: Grow your balance automatically with Mo Earn.
- Trade: Swap into ETH or cbBTC with Mo Trade.
- Spend Globally: Use USDC anywhere Visa is accepted, with 0% FX fees and 1% cashback via Mo Spend.
Why Use Mo for PHP?
- Both Directions: Deposit Philippine Peso (PHP) into Mo and withdraw back when you need.
- Fair & Transparent: No FX markups, ever.
- Fast: Transfers complete in minutes.
- Flexible: Choose between keeping digital dollars or cashing out.
- Secure: Smart wallets secured with passkeys - your money, your control.
FAQs about PHP with Mo
How do I send or receive Philippine Peso (PHP) with Mo? Deposit Philippine Peso through local payment methods into Mo, where it becomes USDC. You can then withdraw to a Philippines bank account, or send USDC to friends and family using their mobile number via Mo. They can choose to cash out in their local currency or hold USDC.
Are there any hidden fees? No. Mo charges a clear, transparent fee with no FX markup—and it’s always free to send USDC between Mo users. See Mo Pricing.
Can I keep my money in USDC instead of converting back? Yes. You can earn yield with Mo Earn, trade via Mo Trade, or spend worldwide with Mo Spend.
How long does a transfer take? Most Philippine Peso (PHP) onramps and offramps settle in minutes, and never more than 2 business days depending on local payment methods.
