Pouch.ph

You will probably need to live in the Philippines, and/or have a Filipino bank account, to make much use of this service. If you fall in this category, Pouch.ph makes moving funds between bitcoin and Filipino pesos very easy. Digital financial rails in the Philippines are already quite well developed, and Pouch.ph plugs seamlessly into this network. Send bitcoin (onchain or lightning) to Pouch.ph to have it converted instantly to pesos, then forward the pesos to your bank account / eWallet / cash pick-up location in the Philippines with the usual very low local fees. The reverse also works, though not yet tested by me. This is a custodial service, they explicitly advertise that you should connect your non-custodial bitcoin wallet to Pouch.ph and do long-term fund storage there.