Rizal Commercial Banking Corp. (RCBC) and U.S.-regulated clearing network Meridian have expanded the RCBC Pulz U.S. Virtual Account to let Filipinos receive overseas payments through inbound stablecoin transfers that settle automatically as U.S. dollars.
The upgrade enables Filipino freelancers, virtual assistants and remote workers to receive payments from U.S.-based clients and employers outside standard banking hours, including weekends and U.S. holidays. Users can now accept two stablecoins, USDC and USDT, across three blockchain networks: Ethereum, Polygon and Base.
How the Transfers Work
Unlike Automated Clearing House (ACH) and Fedwire transfers, which operate within U.S. banking schedules, stablecoin transfers process continuously. Once Meridian and its U.S. partners receive an inbound USDC or USDT transfer, the funds convert automatically into regular U.S. dollar balances and credit directly to the user’s RCBC Pulz U.S. Virtual Account.
Account holders do not receive, hold or manage digital assets in their accounts. Users can retain their balances in U.S. dollars or convert them into Philippine pesos for direct deposit into their linked RCBC bank accounts. RCBC and Meridian stated that additional blockchain networks will be added in future updates.
Beyond remote workers, the service supports other eligible cross-border payments from the United States, including salaries and professional fees, subject to account verification and service requirements.
Banking Solutions for Evolving Filipino Needs
Lito Villanueva, executive vice president and chief innovation and inclusion officer at RCBC, said the integration addresses the payment schedules of Filipinos earning income abroad.
“At RCBC, we continue to develop digital banking solutions that respond to the evolving needs of Filipinos, particularly those working with clients and employers overseas. By enabling stablecoin transfers through the U.S. Virtual Account, we are giving freelancers and remote workers another way to receive their earnings, with the flexibility of around-the-clock transfers and the convenience of having funds automatically converted into regular USD balances for their banking needs,” Villanueva said.
Meridian CEO Will Haering said the expansion builds on the bank’s existing cross-border infrastructure.
“RCBC was the first bank in the Philippines to give Filipinos a U.S. account of their own, and now it is making that account faster and easier to use for every Filipino who earns from abroad. With stablecoins, their money can arrive at any hour of any day and land as dollars in their RCBC account. We are proud to power this with RCBC,” Haering said.
Previous RCBC Pulz Developments
RCBC and Meridian initially launched the U.S. Virtual Account on RCBC Pulz in November 2025 as the first service in the Philippines to allow residents without a U.S. address to receive U.S. dollar payments via ACH and Fedwire. According to RCBC, thousands of professionals have opened accounts since the initial rollout.
The stablecoin integration follows several updates to the RCBC Pulz platform in 2026:
- Security and fee adjustments: In early 2026, RCBC implemented device-level hardware binding on RCBC Pulz to strengthen account protection. On July 4, 2026, the bank updated its digital transaction pricing to provide 30 free monthly InstaPay transfers on the application. (Read More: Getting Paid in US Dollars? Here’s How to Manage It)
- Tokenized asset exploration: In August 2026, local digital asset exchange PDAX and RCBC signed a memorandum of understanding to explore integrating tokenized gold access into RCBC’s digital banking channels. (Read More: PDAX, RCBC Sign MOU to Expand Tokenized Gold Access Through Digital Banking)
- Industry recognition and app consolidation: On Oct. 6, 2026, RCBC received recognition at The Asian Banker Philippine Awards 2026 for its RCBC Pulz U.S. Virtual Account. Later that month, on Oct. 23, 2026, RCBC completed the migration of users from its legacy RCBC Boz app onto the unified RCBC Pulz platform. (Read More: RCBC Wins Two Digital Banking Recognition Titles at The Asian Banker Philippine Awards 2026)
RCBC ranks as the fifth largest privately owned bank in the Philippines and has operated for 65 years as a member of the Yuchengco Group of Companies. Meridian operates as a U.S.-regulated clearing network that connects banks, wallets and payment companies through an issuer-agnostic API.
Disclosure: AI is used to assist in developing this article.
This article is published on BitPinas: Filipino Freelancers Can Now Get Paid 24/7 via Stablecoins Directly Into Their RCBC Dollar Account
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