Grab has partnered with payment provider Triple-A and crypto exchange PDAX to enable users in the Philippines to add funds to their GrabPay wallets using cryptocurrencies.
Grab said in a statement on Wednesday that crypto top-ups into the GrabPay e-wallet were initially launched in Singapore in 2024 through Grab’s partnership with Triple-A, a firm that enables businesses to facilitate payments in digital currencies.
Following this success, Triple-A partnered with PDAX to offer Grab users in the Philippines a more convenient and flexible way to add money to their wallets through this new crypto cash-in option.
Users can top up their GrabPay wallets using a variety of cryptocurrencies, including Bitcoin (BTC), Ether (ETH), US dollar-backed stablecoin USDC, and USDT.
“We had a successful launch of GrabPay top-ups with cryptocurrency in Singapore. The response has been fantastic.
“Now, we’re looking forward to bringing this service to the Philippines, a market that’s ready for digital currencies. This is a big step in making digital currencies easier to use in everyday life across Southeast Asia,” said Eric Barbier, Chief Executive Officer of Triple-A.
CJ Lacsican, Vice President for Cities and Head of the Grab Financial Group in the Philippines, shared that integrating cryptocurrency as a cash-in option for GrabPay reflects the firm’s commitment to advancing financial inclusion in the Philippines.
“By offering more accessible, digital-first solutions, we aim to empower a wider spectrum of Filipinos — especially those with limited access to traditional banking or those who prefer the convenience of digital currencies,” he said.
GrabPay users in the Philippines can already add money to their wallets using different methods like e-wallets, online banking through InstaPay, linked bank accounts, debit and credit cards, and at certain convenience stores and business centers.
PDAX is a platform that helps people grow their money. It has millions of users across the country and offers access to digital assets like cryptocurrencies, tokenized bonds, and other modern investment options. It aims to help Filipinos take control of their financial future.
“The Philippines has one of the largest crypto user bases globally. Through this partnership, we’re thrilled to offer accessible use cases that will both support the existing crypto community and drive greater adoption of cryptocurrency,” said Nichel Gaba, PDAX Chief Executive Officer.
According to the statement, this tripartite partnership strengthens safe and secure crypto transactions in connection with services like on-demand mobility and deliveries — with Triple-A licensed by organizations like Monetary Authority of Singapore (MAS) and the Financial Crimes Enforcement Network (FinCEN); and PDAX regulated by the Bangko Sentral ng Pilipinas, ensuring that the top-up meets global standards for cybersecurity, fraud prevention, and data protection.
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