Coins.ph has rolled out a new QRPh Stablecoin Payment feature, allowing users in the Philippines to pay merchants using Philippine pesos or stablecoins such as USDT and USDC within a single checkout flow.
The update integrates digital assets directly into the country’s national QR payment system, expanding crypto usability across hundreds of thousands of merchants nationwide. The system supports seamless conversion at the point of sale, removing the need for manual swaps before transactions.
QRPh is the Philippines’ national QR payment system that lets people pay any merchant using one standard QR code across banks and e-wallets like GCash and Maya. It makes payments faster, cheaper, and more convenient by removing the need for multiple payment apps, and it is now widely used across hundreds of thousands of merchants nationwide.
First in the country. 🚀https://t.co/ehQWvZk9FW pioneers stablecoin-powered QRPH payments, enabling users to pay with PHP, USDT, or USDC in a seamless checkout across hundreds of thousands of merchants in the Philippines. 🇵🇭
Read more ↓https://t.co/Tm6SXGGHU6
— Coins.ph (@coinsph) April 21, 2026
Stablecoins integrated into national QR payment infrastructure
The new payment system is built on Bangko Sentral ng Pilipinas’s QRPh standard, the country’s unified QR code framework designed to streamline digital payments across banks and e-wallets.
With this integration, Coins.ph becomes the first local wallet to enable stablecoin settlement through QRPh, extending functionality to nearly 700,000 merchants, including retail stores, SMEs, and large commercial outlets. Supported assets include Tether (USDT) and USD Coin (USDC), both of which can be used independently or alongside PHP in a hybrid payment flow.
Unified checkout system removes conversion friction
The platform introduces three payment modes: PHP-only transactions, full crypto conversion to pesos, and hybrid payments combining fiat and stablecoins. All conversions occur instantly during checkout, with real-time pricing displayed before confirmation.
This removes the need for users to pre-convert assets, allowing digital holdings to be used directly for everyday purchases. Refunds are processed in pesos regardless of the original payment method.
Coins.ph said the system is designed to bridge crypto assets with real-world spending, positioning stablecoins as a functional payment layer rather than just a store of value. The rollout follows growing QRPh adoption in the country and rising demand for more flexible digital payment options.
In another development, WEMIX made a strategic move into Southeast Asia’s fast-growing crypto and gaming market, announcing the listing of its native token on Coins.ph.
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