Crypto exchange Coins.ph has connected Bitcoin and Ethereum to the Philippines' national QRPh payment system. That brings cryptocurrency payments within reach at about 700,000 merchants nationwide. The system automatically converts crypto to Philippine pesos during checkout.
Seamless checkout process
Users pay with crypto like any other digital method. The platform converts their Bitcoin or Ethereum to pesos instantly. No manual swaps required. Merchants receive pesos without handling volatility. It’s invisible to the customer.
Who uses this system
Over 15 million Filipinos use crypto—that’s 13.4 percent of the population. The country moves $38 billion in annual remittance flows. Stablecoins already smooth some of those cross-border payments. Now Bitcoin and Ethereum join the mix.
Regulatory roots
Coins.ph operates under Bangko Sentral ng Pilipinas oversight as a licensed Virtual Asset Service Provider. The QRPh standard itself comes from the central bank. That means crypto payments run inside the country’s regulated financial framework. No regulatory gray area here.
From stablecoins to major cryptos
USDT stablecoin payments arrived via QRPh back in 2023. Now Coins.ph adds Bitcoin and Ethereum. The expansion covers more transaction types. It’s a logical next step for a nation where crypto payments are already mainstream. The 700,000 terminals now accepting crypto represent a massive leap forward.
These merchants sit at the center of a market where one in seven Filipinos holds digital assets. Auto-conversion makes crypto feel like everyday money.
