Case Study: GCash Enables USDT Cash-Out in the Philippines with TransFi

GCash enables USDT cash-out across 70+ countries with TransFi

GCash, a major Philippine e-wallet provider, faced the challenge of enabling its users to safely and effectively convert USDT into Philippine pesos without a traditional bank account. This required navigating a complex landscape of compliance, multiple conversion routes, and varying user needs, from small freelancer payouts to larger business transactions. The vendor, TransFi, addressed this with its infrastructure layer, TransFi Ramp.

TransFi provided a comprehensive on/off-ramp solution that consolidated the entire process. Their infrastructure enabled seamless USDT-to-PHP conversion and settlement directly into GCash wallets, handling critical components like KYC/AML, liquidity, real-time monitoring, and multiple payment methods through a single API. This solution offered users a convenient and regulated cash-out path while giving GCash a streamlined, embedded infrastructure to manage digital asset conversions, compliance, and payouts efficiently.

GCash