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Bitcoin and Ethereum Integration Expands Crypto Payment Reach Across the Philippines

Coins.ph has officially expanded its digital payment capabilities by integrating Bitcoin (BTC) and Ethereum (ETH) into the Philippines’ national QRPh payment system. This move allows users to utilize these major cryptocurrencies for everyday transactions at approximately 700,000 merchants nationwide. By leveraging the QRPh standard developed by the Bangko Sentral ng Pilipinas (BSP), the platform is bridging the gap between digital assets and traditional retail commerce.

The integration is designed for a seamless user experience, functioning similarly to the platform’s existing stablecoin payment options. When a customer scans a QRPh code at a merchant location, the system automatically converts their Bitcoin or Ethereum holdings into Philippine pesos in real-time during the checkout process. This eliminates the need for users to manually exchange their crypto for local currency before making a purchase, making digital assets a practical tool for daily spending.

This expansion follows the successful rollout of USDT payments earlier this year and highlights the growing demand for crypto-integrated financial services in the region. With the Philippines serving as a massive hub for remittances—receiving roughly $38 billion annually—the ability to move between fiat and digital assets within a single payment flow is highly significant. The move comes at a time when crypto adoption is surging in the country, with estimates suggesting over 15 million Filipinos are now active participants in the digital asset market.

AI Disclosure: This article is based on verified data and official reports. Our AI have cross-referenced every financial detail with primary sources to ensure total accuracy.