Manila fell four places to 91st out of 94 financial centers in the 16th edition of The Global Green Finance Index (GGFI) released by commercial think-tank Z/Yen Group as part of its Long Finance initiative. With an overall rating of 486, the Philippine capital ranked lowest among its East and Southeast Asian peers. The index assesses the quality and depth of green financial products of financial centers, tracking progress toward sustainable and responsible finance.


Colombians will soon be able to receive and store USDC through MoneyGram’s new crypto app, which is launching soon in app stores. MoneyGram’s digital payments app is set to launch in Colombia, offering locals a way to save in US dollar stablecoins as the Colombian peso continues to weaken.MoneyGram’s crypto service is powered by the Stellar network and leverages Crossmint for self-custody, enabling users to store the USDC (USDC) stablecoin and transfer it overseas nearly instantly. In a statement on Wednesday, MoneyGram said Colombia is the “ideal launch market” as Colombian families receive more than 22 times the money they send abroad.Read more
