May 17, 2019
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Coins.ph is the best way to send and receive money in the Philippines
Register. Get Verified. Earn LEGIT DIGITAL WALLET.
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Coins.ph Adds Bitcoin and Ethereum to National QR Ph, Reaching 700,000 Philippine Merchants
➤ Coins.ph has integrated Bitcoin and Ethereum into the Philippines' national QR Ph network, enabling payments to nearly 700,000 merchants. ➤ This move allows users to spend cryptocurrencies directly, bypassing traditional fiat conversion, and is seen as a test case for digital currency viability in remittance-heavy regions. ➤ The integration occurs amidst evolving regulatory scrutiny from the Bangko Sentral ng Pilipinas (BSP), with Coins.ph also planning to launch its own PHPC stablecoin.
Coins.ph adds Bitcoin and Ethereum to Philippines QR payments
Coins.ph adds Bitcoin and Ethereum support to QRPh, enabling crypto payments at 700,000 merchants across the Philippines through the national QR payment system.
➤ Coins.ph has integrated Bitcoin and Ethereum into the Philippines' national QRPh payment system, allowing users to pay at 700,000 merchants. ➤ This expansion builds on previous stablecoin integration, enabling automatic conversion of crypto to Philippine pesos at checkout. ➤ The move aims to boost crypto adoption in the Philippines, a major remittance market, by making popular cryptocurrencies functional for daily transactions.
Coins.ph Pioneers Stablecoin Payment Utility in the Philippines with First-of-its-Kind QRPh Integration
➤ Coins.ph has launched a new QRPh Stablecoin Payment functionality in the Philippines, allowing users to pay with USDT, USDC, or PHP. ➤ This integration with the national QR standard makes it the first e-wallet to bridge digital assets with daily commerce, compatible with nearly 700,000 merchants. ➤ The feature offers flexible payment modes including crypto-funded and hybrid payments, aiming to increase crypto utility in everyday transactions.
Coins.ph Pioneers Stablecoin Payment Utility in the Philippines with First-of-its-Kind QRPh Integration (21 Apr)
Manila, Philippines, April 21st, 2026, Chainwire
➤ Coins.ph has launched a new QRPh Stablecoin Payment functionality in the Philippines, allowing users to pay with USDT, USDC, or PHP. ➤ This integration with the national QRPh standard makes it the first e-wallet to enable stablecoin payments for daily commerce, compatible with nearly 700,000 merchants. ➤ The feature aims to bridge digital assets with everyday transactions by offering automated conversion at point-of-sale, simplifying crypto utility for millions of users.
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Coins.ph CEO says why hyper-tokenization will trump hyper-Bitcoinization
Coins.ph CEO says why hyper-tokenization will trump hyper-Bitcoinization
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Wei Zhou, the CEO of Coins.ph argued that hyper-tokenization is a much more viable scenario than hyper-Bitcoinization.
Speaking to Kitco News, Zhou gave his take on how mass adoption will happen, stating that Bitcoin’s volatility counts against it as the primary driver of cryptocurrency adoption on a global scale.
Hyper-tokenization vs. hyper-Bitcoinization
Host David Lin described hyper-Bitcoinization as the moment when Bitcoin becomes the default value system. He asked Zhou how this scenario would come to pass.
Zhou argued that transacting requires price stability, and a stable Bitcoin takes away the price appreciation aspect of investing in it in the first place.
To that end, he preferred to call the tipping point described by Lin “hyper-tokenization,” in reference to tokens (other than Bitcoin) that can fulfill transactability through price stability.
“When we’re signing a deal for $10, we need to know, even if it’s nominated in pesos or Sing dollars or Thai baht, whatever the value we sign exchange in, both sides need to have an agreement that this is the value of exchange.”
Stablecoin adoption will drive wider crypto adoption
Zhou said the stablecoin market is a growing sector, as evidenced by the concerted push to rollout Central Bank Digital Currencies (CBDCs,) “which are essentially stablecoins nominated in local currencies.”
“You’re going to see more and more stablecoin-like tokens that firm up the value of exchange in different countries.”
Large-scale tokenization will lead to more users coming into the crypto ecosystem. While he initially corrected Lin on the trigger for mass adoption, the knock-on effect of more stablecoin users will catalyze the adoption of other tokens, including Bitcoin, Zhou said.
Analyst at CryptoSlate
Samuel is a strong believer in individual autonomy and personal freedom. He is a relative newcomer to the world of cryptocurrency, having first bought Bitcoin in early 2017, but keen to make up for the lost time.
Posted In: Bitcoin, Adoption
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