Coins.ph has officially introduced a new payment feature integrating digital assets with the national merchant network, which allows users to pay using either local currency or crypto at any terminal that accepts QRPh.

This integration removes the usual friction of manually converting digital assets into cash before making a purchase.

Consumers can simply scan the merchant code and use their digital balance to pay for items directly through the app.

For the initial rollout, the platform supports stablecoin payments using Tether.

Company representatives explain that this dollar-pegged asset provides transaction speed while minimising price volatility.

This stability makes the digital token highly practical for everyday retail spending.

The move marks a significant step toward bridging digital assets with real-world retail applications.

The integration gives users access to nearly 700,000 QRPh enabled merchants across the country.

This effectively transforms the digital asset from a store of value into a highly usable form of daily payment.

Company representative Wei Zhou stated that the initiative aims to make digital tokens more relevant in daily life.

Zhou noted that the platform wants to simplify transactions for users who need payment flexibility.

The updated system also automatically reverses the asset conversion if a payment fails to ensure reliability.

The platform processes any successful merchant refunds in Philippine pesos rather than digital tokens.

If you are interested to buy crypto here is a complete guide on how to get started via Fintech News Philippines.

Featured image: Edited by Fintech News Philippines based on an image by Coins.ph.