Manila, Philippines — 19 May 2026 — Coins.ph announces the expansion of its QRPh crypto payment functionality to include Bitcoin (BTC) and Ethereum (ETH), extending a system that already enables users to pay merchants nationwide using stablecoins such as USDT.

The integration allows users to transact at an estimated 700,000 QRPh-enabled merchants across the Philippines by scanning the national QR code standard developed by the Bangko Sentral ng Pilipinas (BSP). At checkout, crypto balances are automatically converted into Philippine pesos, removing the need for manual pre-conversion.

The expansion builds on Coins.ph’s rollout of QRPh-compatible crypto payments earlier this year, which introduced USDT support within the national QR infrastructure. The initial launch, which led to a substantial transaction volume driven by USDT payments, marked the first time a digital wallet in the Philippines enabled direct crypto payments through a national QR code framework, integrating stablecoins into a system already used for everyday transactions. 

With stablecoins at the core of the system, users can move seamlessly between fiat and digital assets within a single checkout flow. This is particularly relevant in the Philippines, one of the largest recipients of remittances globally, with approximately $38 billion in annual inflows. Stablecoins have increasingly been used for cross-border transfers, allowing recipients to hold value in digital dollars and now spend it directly across the local economy without additional conversion steps.

The addition of BTC and ETH expands the range of supported assets within the same infrastructure, while maintaining a unified payment experience built around real-world usability.

Wei Zhou, CEO of Coins.ph, said:

"The addition of new tokens to our QRPH crypto payments feature is a great achievement following the landmark introduction of USDT payments for the Philippine financial landscape. We aren't just adding new tokens; we are redefining what a digital wallet can do. This is the future of finance in action and we’re making the world’s most popular cryptocurrencies a functional part of the Filipino daily life.”

Coins.ph operates as a licensed Virtual Asset Service Provider and Electronic Money Issuer under BSP regulation. The QRPh system is a national standard designed to enable secure and interoperable payments across financial institutions and merchants.

The Philippines is among the leading markets globally for crypto adoption, with estimates indicating over 15 million users, representing approximately 13.4% of the population.

About Coins.PH

Coins.ph is building the next generation of global money movement. Through a single platform, businesses and consumers can make payments, move money across borders, convert currencies, access digital assets, and tap into a growing suite of financial services — from cards and credit to investments and treasury. By combining stablecoin-powered settlement with local payment rails, Coins makes money move faster, at lower cost, and with 24/7/365 availability.