Cera Launches Stablecoin-Based US Stock Trading in the Philippines

Published 6 months ago

Cera, a Y Combinator-backed US stock trading platform, has made its beta launch in the Philippines. This was made possible through a partnership with Fireblocks, a digital asset custody and infrastructure firm.

Investing in US Stocks using Stablecoins

The platform enables Filipinos, as well as people globally, to invest in US stocks using stablecoins. This includes USD Coin, Tether (USDT), and Binance USD starting from just US$2. Additionally, Cera supports investments in fractional shares, broadening the investment opportunities available to users.

Launch Offers and Referral Programs

For its launch, Cera is providing an offer of up to US$50 for new users who make eligible deposits. There is also a referral program in place to reward users who introduce friends to the platform.

App Availability and User Control

The Cera app is accessible on Google Play and the Apple Store, making it easy for users to manage their investments. Daniel Phan, Product Lead at Cera, highlighted the platform’s focus on user fund security and ease of use. Through their partnership with Fireblocks, they ensure users maintain control over their investments, revolutionising access to the US stock market.