Coins.ph launches QRPh Crypto payments in the Philippines

Coins.ph has introduced a new payment feature that allows users to pay merchants using Philippine pesos, stablecoins, or a mix of both through QRPh-enabled payment terminals in the Philippines.

Why it Matters: The launch marks another step in bringing cryptocurrency closer to everyday transactions in the Philippines. Instead of manually converting crypto assets into cash before making purchases, users can now use stablecoins directly during checkout through the local QRPh payment system.

The feature, called QRPh Crypto Payment, enables users to transact using stablecoins such as USDT directly from the Coins.ph app. The company said the service works anywhere QRPh is accepted, from small retail stores to larger establishments nationwide.

According to Coins.ph, users can choose between three payment methods during transactions: paying fully in pesos, paying fully in crypto, or combining peso and crypto balances in one payment.

For the initial rollout, the platform currently supports USDT as its stablecoin payment asset. Since USDT is pegged to the US dollar, the company said it offers crypto-based transactions with less volatility compared to other digital assets.

Coins.ph said the payment feature can be used at nearly 700,000 merchants nationwide that support QRPh payments. The company also shared that it processed nearly PHP 30 billion in QRPh transactions in December 2025 alone, highlighting growing adoption of digital payments in the country.

“This initiative is part of Coins.ph’s broader effort to make crypto more usable in everyday life,” said Wei Zhou, CEO of Coins.ph. “We want to simplify transactions for users who need the flexibility of being able to pay in peso, or crypto or both.”

Coins.ph added that failed transactions automatically revert the crypto conversion process, returning the digital assets to the user’s wallet. Refunds, meanwhile, are processed back in Philippine pesos.

The company said the feature is now available through the updated Coins.ph app. Could this push more Filipinos to use stablecoins for daily purchases?