Coins.ph adds Bitcoin and Ethereum to Philippines QR payments

2 hours ago 2

Rommie Analytics

  • Coins.ph adds BTC and ETH payments to the Philippines QRPh system.
  • Users can spend crypto at 700,000 QRPh-enabled merchants.
  • Stablecoins remain key for remittances and daily crypto payments.

Coins.ph has expanded its QRPh crypto payment functionality to support Bitcoin and Ethereum transactions, broadening the use of digital assets within the Philippines’ national QR payment infrastructure.

The Manila-based crypto platform announced on May 19 that users can now pay merchants nationwide using Bitcoin (BTC) and Ethereum (ETH) through QRPh, the national QR code standard developed by the Bangko Sentral ng Pilipinas (BSP).

The expansion builds on Coins.ph’s earlier rollout of QRPh-compatible stablecoin payments, which introduced support for USDT earlier this year.

Under the system, crypto balances are automatically converted into Philippine pesos during checkout, allowing users to pay merchants directly without manually converting d...

Read Entire Article