ABU DHABI, UAE, Feb. 10, 2026 /PRNewswire/ — As trade, employment, and digital payment flows continue to accelerate, OSN, a global on-chain FX settlement infrastructure provider, today announced the activation of its Philippines payment corridor, delivering enterprise-grade access to the conversion of fiat to stablecoin FX settlement for businesses operating across emerging and major financial markets. The new corridor offers transaction fees of up to 50% lower than those of leading payment platforms.
With this launch, OSN strengthens its position as a cross-market liquidity bridge, connecting the Middle East, Asia, and Latin America to the Philippine financial system in a compliant manner without the cost and latency of legacy correspondent banking. The corridor enables seamless bi-directional fund flows between any forms of stablecoins and fiat currencies, including but not limited to USD, AED, EUR, PHP, serving businesses with payment flows originating from the UAE, Asia, the United States, Argentina and Mexico.
“High-volume corridors like UAE–Philippines are where modern payment rails deliver the greatest impact,” said Lawrence Chu, Co-Founder of OSN. “OSN focuses on building infrastructure that helps businesses scale confidently across these markets.”
The UAE employs close to 900,000 Filipinos across skilled and professional sectors, including information technology and business process management (IT & BPM), healthcare, construction, tourism, retail, and education. This scale of employment drives recurring cross-border flows, from enterprise payroll and contractor payments to services exports and supplier settlements, creating sustained demand for reliable, high-volume PHP liquidity originating from the Middle East.
The launch is further supported by the Philippines–UAE Comprehensive Economic Partnership Agreement (CEPA), which is expected to expand bilateral trade and services activity and deepen long-term payment volumes between the two markets. Faster settlement and materially lower FX costs directly improve operating margins for businesses moving funds into the Philippines.
Abdulla Al Dhaheri, CEO of The Blockchain Center Abu Dhabi, also expressed strong support for this blockchain-based settlement initiative: “As trade, employment, and services flows between the UAE and the Philippines continue to expand, blockchain-enabled payment infrastructure can play a vital role in improving efficiency, transparency, and settlement speed. At The Blockchain Center Abu Dhabi, we support initiatives that responsibly bridge digital assets with fiat rails, as they align with the UAE’s broader vision of supporting innovation in global financial infrastructure.”
About OSN
OSN, Open Stable Network, is a global on-chain FX settlement infrastructure enabling seamless cross-border money movement. Through robust APIs, we connect local currency stablecoins across jurisdictions, empowering banks, payment providers, and enterprises to move value instantly and securely.
Built on Web3 infrastructure, our mission is to create a trusted, resilient network for global settlements, bridging stablecoin and fiat rails to make digital payments truly borderless.
“Connect Globally. Move Money Freely. Exchange On-Demand.”
More information at: https://www.osnetwork.com.
Photo: https://mma.prnewswire.com/media/2891078/OSN_The_Philippines_Payment_Corridor.jpg
Contact:
Natalie Ko
Head of Marketing & PR
OSN
marketing@OSNetwork.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/osn-activates-new-philippinesuae-corridor-for-global-business-payments-302683887.html
SOURCE OSN
