EZGG
Stablecoin remittances for HK domestic helpers
About
The problem it solves We’re building EZGG, a self-custodial crypto wallet that lets Hong Kong domestic helpers convert HKD→USDC→PHP and send remittances at over 50% lower cost via an email-based, gasless interface. Our customers—400,000+ migrant helpers—currently pay 3–5% fees and wait days; EZGG partners with local on- and off-ramps for instant, scheduled P2P transfers and automatically stakes idle USDC in DeFi to offset FX costs. The “one email = one wallet” UX removes blockchain complexity, making crypto remittance as easy as sending a link. Long term, we aim to become the global platform for affordable, DeFi-powered remittances and payroll for underbanked users in emerging-market corridors processing tens of billions annually.
How it's made
Challenges we ran into The most popular remittance solutions for domestic helpers are sending money via WeChat Pay HK and Western Union today. - WeChat Pay HK charges HK$20 per HK$1,000 sent + ~2% FX markup - Western Union offers cash-pickup in minutes but charges a SWIFT fee plus an FX spread, resulting in total costs around 3–4% per transfer We serve Filipino domestic helpers in Hong Kong, only 18% have bank accounts We leverage our domain expertise in blockchain offering a cheaper, faster remittance option.