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Manila Bulletin devider Business devider Banking & Finance devider Grab now accepts crypto for GrabPay top-ups

Grab now accepts crypto for GrabPay top-ups

Published Jul 22, 2025 12:34 pm
Grab Philippines is now accepting cryptocurrencies as a new cash-in method for its in-app digital wallet as the ride-hailing giant seeks to promote greater financial inclusion among digital-first Filipinos.
Its parent company, Grab Holdings Inc., first launched the crypto top-up option in Singapore last year through its tie-up with digital currencies payments provider Triple-A.
Grab Philippines said it has partnered with Triple-A and local digital asset exchange PDAX to enable the new cash-in method.
The new cryptocurrency option will allow users to top up their GrabPay wallets using Bitcoin, Ether, USDT, and US dollar-backed stablecoin USDC.
The company said users can select the option in the Grab app, allowing them to transfer tokens from their preferred crypto wallet to the provided address.
CJ Lacsican, head of the Grab financial group in the Philippines, said introducing this option reflects the company’s commitment to advancing financial inclusion.
“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,” she said.
Other cash-in methods for GrabPay include e-wallets, linked bank accounts, debit and credit cards, online banking via InstaPay, and select convenience stores and business centers.
PDAX Chief Executive Officer (CEO) Nichel Gaba stated that the Philippine market is ripe for introducing cryptocurrency as a payment option, as it now boasts one of the largest user base worldwide.
Gaba said their partnership with Grab Philippines will both support the existing crypto community and drive greater adoption.
Triple-A CEO Eric Barbier said he is looking forward to a strong response from the local market after the feature’s successful launch in Singapore.
“We're looking forward to bringing this service to the Philippines, a market that's ready for digital currencies,” said Barbier.
“This is a big step in making digital currencies easier to use in everyday life across Southeast Asia,” he added.
Grab Philippines has assured crypto users that every top-up of their GrabPay wallets is safe and secure.
It noted that Triple-A is licensed by financial watchdogs Monetary Authority of Singapore (MAS) and the Financial Crimes Enforcement Network (FinCEN), while PDAX is regulated by the Bangko Sentral ng Pilipinas (BSP).
Grab Philippines said its cryptocurrency option meets global standards for cybersecurity, fraud prevention, and data protection.
Aside from ride-hailing, users can access financial services and delivery of food, groceries, and parcels through the Grab app.

Related Tags

Grab Philippines Grab Holdings Inc. crypto top-up Triple-A PDAX
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