The regulated digital asset exchange is expanding the use of stablecoins beyond investment, enabling consumers to pay merchants through QRPh, receive cross-border remittances faster, and access digital financial services that bypass many of the inefficiencies of traditional payment networks.
Its efforts recently gained global recognition after Coins.ph chief executive officer Wei Zhou was named to the Stablecoins Influential List for 2026, compiled by Stablecon, a leading global platform focused on the stablecoin and digital payments ecosystem.
Zhou was recognized under the Exchanges, On/Off Ramps, and Consumer Access category for advancing access to stablecoins for businesses and consumers.
Real-world use
Unlike cryptocurrencies whose values fluctuate significantly, stablecoins are digital assets typically pegged to fiat currencies, making them more suitable for payments and money transfers.
Coins.ph has focused on turning that potential into practical applications.
One of its latest initiatives integrates stablecoins with the country's QRPh payment system, allowing users to scan any QRPh merchant code and pay instantly using digital currencies such as USDT and USDC.
The feature eliminates the need for manual currency conversion, making blockchain payments more seamless for consumers.
The platform has also strengthened its role in international remittances by serving as a last-mile disbursement partner for global money transfer operators.
By settling cross-border transfers through stablecoins, Coins.ph connects overseas remittances to digital wallets, banks, and thousands of cash-out locations nationwide, reducing transaction costs and accelerating fund delivery, particularly to underserved communities.
Building adoption
Beyond technology, Coins.ph is investing in public education to encourage broader adoption of blockchain-powered financial services.
The company has organized roadshows across major Philippine cities, sending teams into commercial districts, transport hubs, and communities to demonstrate how stablecoins can be used for everyday financial transactions rather than purely speculative investing.
The initiative comes as governments and financial institutions worldwide continue developing regulatory frameworks for digital assets, increasing confidence in stablecoin-based payment systems.
Looking ahead
"Stablecoins represent the next major evolution in global financial infrastructure," said Wei Zhou.
"For years, we've focused on making stablecoins accessible, reliable, and practically free to move. Whether it is enabling someone to buy their morning coffee via QRPh using USDT or acting as the trusted last-mile bridge for OFW families—we are committed to building a low-friction financial gateway. This recognition belongs to our entire team working to empower the unbanked and underbanked."
As adoption accelerates, Coins.ph said it will continue expanding fiat-to-crypto payment rails, increasing merchant acceptance, and supporting cross-border transactions, reinforcing the Philippines' position as an emerging center for practical stablecoin innovation rather than speculative cryptocurrency activity. —Ed: Corrie S. Narisma
