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- Coins.ph has added Bitcoin and Ethereum to its QRPh cryptocurrency payment system across the Philippines.
- Users can now pay at an estimated 700,000 QRPh-enabled merchants, with cryptocurrencies automatically converted to Philippine Pesos at checkout.
Coins.ph is expanding the reach of cryptocurrency payments in the Philippines even further stablecoins. The Manila-based platform said it added Bitcoin and Ethereum Support for QRPh payment feature, expanding the system that already allows users to spend USDT Through the country’s national QR code standard.
Bitcoin and Ethereum enter the QRPh payment flow
Integration allowed coins Users can scan QRPh codes at an estimated 700,000 merchants nationwide and pay with supported crypto credits. Upon checkout, assets are automatically converted into Philippine Pesos, so users do not need to manually sell cryptocurrencies before making payment.
These details are important. For cryptocurrency payments to work in regular retail settings, the process must be close to a regular wallet transaction. Traders want pesos. Customers can hold USDT, Bitcoin, or Ethereum. The payment layer should handle the conversion quietly in the background.
Coins.ph first introduced QRPh-compatible cryptocurrency payments with USDT support earlier this year. This launch brought stablecoins into the national payment framework already used in daily transactions. The addition of Bitcoin and Ethereum expands the asset base, but the basic proposition remains the same: cryptocurrencies should be spendable through existing local rails, not just held on exchanges.
Stablecoins remain a staple of remittance use
The Philippines is one of the largest remittance markets in the world, with annual flows amounting to about $38 billion. This makes stablecoins especially important. Recipients can earn digital dollar value, keep it, and spend now through local merchants without going through multiple conversion steps.
Bitcoin and Ethereum play a slightly different role. It is more volatile, but remains the most popular crypto asset globally. Its inclusion gives users more flexibility and may help normalize cryptocurrency spending for people who already own BTC or ETH.
Coins.ph CEO Wei Zhou said the company is not only adding new tokens, but “redefining what a digital wallet can do.” He described the moving part of making major cryptocurrencies as a “functional part of Filipino daily life.”
Coins.ph operates as a licensed virtual asset service provider and electronic money issuer under the regulation of the Bangko Sentral ng Pilipinas. This regulatory stance is important in a market where cryptocurrency adoption is already high, with estimates at over 15 million users. The next test is whether cryptocurrency payments will become a regular habit, rather than just a mainstream feature.
