Guavy AI Editorial TeamSentiment: 3Clout: 85

Coin.ph Brings Crypto Payments to 700K Philippine Merchants

Coin.ph has integrated Bitcoin and Ethereum payments into its QR Ph network in the Philippines, allowing users to spend their digital assets at nearly 700,000 merchants nationwide.

This expansion follows Coin.ph's integration of stablecoins USDT and USDC into the QR Ph system in April. The move aims to bring cryptocurrencies into everyday retail transactions, making it easier for consumers to use them for practical purchases.

Coin.ph CEO Wei Zhou noted that 'The true ‘Aha!’ moment for our community occurs when they realise they no longer need to manually sell their crypto to a PHP balance first.'