coinsph

Coins.ph counts 7 million+ monthly active users
since September 29 none of them can top up pesos from a bank through InstaPay or PESONet

the BSP partially suspended DCPay, the e-wallet operator behind the app
Monetary Board Resolution No. 839

what still works:
- sending pesos out
- QRPh payments at shops
- crypto deposits and withdrawals

what doesn't: pesos in from BDO, BPI, UnionBank, GCash or Maya

the only door left is on-chain

no reason, no end date, and Coins.ph hadn't replied to BitPinas

for me any app with a one-way peso rail turns into a wallet I only withdraw from. anyone here waiting it out instead?

#CoinsPH #Philippines #BSP #CryptoNews

Coins.ph Adds Bitcoin and Ethereum to Philippine QR Payments 🚀

Coins.ph, the Manila-based crypto platform, has expanded its QRPh crypto payment functionality to support Bitcoin (BTC) and Ethereum (ETH) transactions. This update enables users to pay merchants nationwide using these popular cryptocurrencies directly through QR codes.

With this integration, crypto payments now cover approximately 700,000 QRPh-enabled merchants throughout the Philippines. The expansion maintains a seamless checkout experience by automatically converting digital assets into Philippine pesos during the payment process.

This move broadens the use of digital assets within the country's national QR payment infrastructure, which was earlier extended to include stablecoins like USDT. Coins.ph highlights how the QRPh system now supports two of the world’s largest cryptocurrencies while preserving a unified payment experience for daily use.

As the Philippines remains one of the fastest-growing crypto markets globally with over 15 million crypto users representing around 13.4% of its population, this integration underscores broader crypto adoption growth within the country. 🌍

Are you excited about how these updates are shaping the future of payments in the Philippines? 👇

#CoinsPh #Bitcoin #Ethereum #QRPayments #DigitalFinance