Coins.ph has expanded its QRPh crypto payments feature to support Bitcoin and Ethereum transactions, allowing users to spend digital assets at an estimated 700,000 QRPh-enabled merchants across the Philippines.
The move broadens the platform’s crypto payment ecosystem beyond stablecoins and strengthens the Philippines’ growing role in real-world cryptocurrency adoption.
QRPh integration brings crypto payments into everyday retail use
The feature runs through Bangko Sentral ng Pilipinas’s QRPh system, the country’s national QR payment standard used by banks and e-wallets.
When users scan a QRPh code through the Coins.ph app, supported cryptocurrencies such as Bitcoin and Ethereum are automatically converted into Philippine pesos during checkout.
This removes the need for merchants to directly handle cryptocurrency while giving users a familiar QR payment experience similar to traditional e-wallet transactions.
Expansion follows earlier stablecoin rollout
The latest update builds on Coins.ph’s earlier rollout of QRPh-compatible stablecoin payments using USDT and USDC.
That launch positioned the Philippines among the first markets globally to integrate stablecoin transactions into a national QR payment infrastructure. The expansion into Bitcoin and Ethereum signals a wider shift from speculative crypto usage toward practical spending and payment utility.
The Philippines continues to rank among Southeast Asia’s most active crypto markets, driven by remittances, digital payments, and mobile-first financial adoption.
Crypto utility gains momentum in the Philippine market
According to Coins.ph, QRPh crypto payment transactions have grown steadily since launch, with mainstream visibility increasing after Ivana Alawi featured the feature across her social media platforms.
The company says additional token support, integrations, and partnerships are expected in the coming months as local crypto adoption expands beyond trading and investing.
Industry-wide, payment utility has become a key focus for crypto platforms seeking sustainable user growth amid tighter regulations and changing market conditions.
The company said future updates will include support for additional digital assets as it continues expanding crypto-based payment services within the Philippine financial ecosystem.
