- Coins.ph has added Bitcoin and Ethereum to its QRPh crypto payment system across the Philippines.
- Users can now pay at an estimated 700,000 QRPh-enabled merchants, with crypto automatically converted into Philippine pesos at checkout.
Coins.ph is expanding crypto payments in the Philippines beyond stablecoins. The Manila-based platform said it has added Bitcoin and Ethereum support to its QRPh payment feature, extending a system that already allowed users to spend USDT through the country’s national QR code standard.
Bitcoin and Ethereum enter the QRPh payment flow
The integration allows Coins.ph users to scan QRPh codes at an estimated 700,000 merchants nationwide and pay using supported crypto balances. At checkout, the assets are automatically converted into Philippine pesos, so users do not need to manually sell crypto before making a payment.
That detail matters. For crypto payments to work in ordinary retail settings, the process has to feel close to a normal wallet transaction. Merchants want pesos. Customers may hold USDT, Bitcoin or Ethereum. The payment layer has to handle the conversion quietly in the background.
Coins.ph first introduced QRPh-compatible crypto payments with USDT support earlier this year. That launch brought stablecoins into a national payment framework already used for daily transactions. Adding Bitcoin and Ethereum broadens the asset base, but the core proposition remains the same: crypto should be spendable through existing local rails, not just held on exchanges.
Stablecoins remain central to remittance use
The Philippines is one of the world’s largest remittance markets, with annual inflows of around 38 billion dollars. That makes stablecoins especially relevant. Recipients can receive value in digital dollars, hold it, and now spend through local merchants without going through several conversion steps.
Bitcoin and Ethereum serve a slightly different role. They are more volatile, but they remain the two most recognized cryptoassets globally. Their inclusion gives users more flexibility and may help normalize crypto spending for people who already hold BTC or ETH.
Coins.ph CEO Wei Zhou said the company is not just adding new tokens, but “redefining what a digital wallet can do.” He called the move part of making major cryptocurrencies “a functional part of the Filipino daily life.”
Coins.ph operates as a licensed Virtual Asset Service Provider and Electronic Money Issuer under Bangko Sentral ng Pilipinas regulation. That regulatory position is important in a market where crypto adoption is already high, with estimates pointing to more than 15 million users. The next test is whether crypto payments become a regular habit, not only a headline feature.
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