# In the Philippines a stablecoin dollar costs 0.4% less than the official rate

Prices from the 02:00 UTC hour, 2 Nov.

The official rate is 63.7 PHP per dollar. On the exchanges where people in the Philippines trade stablecoins, one costs 63.45 PHP. A stablecoin is a coin that stays worth one US dollar.

|  |  |
| --- | --- |
| Official rate | 63.70 PHP |
| A stablecoin on an exchange | 63.45 PHP −0.4% |
| A stablecoin from people selling to each other | 63.63 PHP −0.1% |

For US$100, people pay 6,345 PHP. The official rate says 6,370 PHP.

Only 1 source

Prices from the 02:00 UTC hour, 2 Nov

You could buy at least US$5,000 here before the price goes up 1%.

<https://margin.wiki/data/countries/PHP.json>

## How the gap moved, day by day

One point per day, the price we published that day. 0% is the official rate.

Today's gap is close to the smallest since 10 Aug 2026, in our own checks. On most days the gap is between −0.3% and 0.2%.

From 6 Oct this price comes from an exchange instead of people selling to each other, so it can jump that day.

## Where this price comes from

We take a country's price from exchanges first, then brokers, then people selling to each other on Binance and OKX. Here it comes from an exchange.

Coins.ph

63.45 PHP −0.4%

## Where to go next

Sending money to the Philippines

What a stablecoin and the cheapest transfer app cost on the way there, this hour.

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