Ronin and QRPH join forces to make crypto spendable in the Philippines
Pay with PHPC soon ⚔
Key points
Ronin Wallet and Coins.ph are making crypto spendable IRL! Starting soon, anyone in the Philippines will be able to make everyday purchases using Ronin PHPC stablecoins, subject to obtaining all necessary regulatory permits and authorizations. Think groceries, food deliveries, and utility payments. Even your morning coffee.
Ronin is putting payment rails in the pockets of 117M Filipinos. Today, we announced the deepening of our alliance with Coins.ph LIVE at the YGG Play Summit.
Together, we’ll make it possible to soon pay with Ronin PHPC anywhere that accepts QRPH! Think groceries, food deliveries and bills payments. Even your morning coffee.
Ronin has spread economic freedom to users of the internet. Now, we’re bringing it to everyone. This marks the first step of Ronin’s Emerging Markets Payment strategy, and it all starts in the Philippines. Here’s what’s happening:
What is QRPH?
QRPH is the Philippines national standard for QR payments, powering billions of transactions per year including:
• Everyday purchases like groceries, food, and online shopping
• Fund transfers between friends and family
• Withdrawals from e-wallets to physical cash
• Supplier payments between businesses
• Payment services within other leading mobile wallets
Ronin PHPC will soon become an available option for all of the above. That means over 600,000 businesses will potentially accept Ronin Wallet payments. This makes crypto adoption, onboarding, and offramping easier than ever. Want to pay for a restaurant bill? Just pull out your Ronin Wallet. Need to send cash to your family? Ronin Wallet.
Forging a New Path for Everyday Money
In August, we shared Ronin’s vision for saving, spending, and remittance initiatives in the APAC region. Today’s alliance marks the first step in that journey. The Philippines have always been the beating heart of Web3 gaming and a top-ranking country in terms of crypto adoption. Ronin is ready to put payment rails in their pockets.
This is also a major milestone for Ronin Wallet. Today, you can use your wallet to play and earn onchain. Soon, it will be part of your daily life. This is just the beginning.
Connecting to QRPH is a realy smart infrastructure play. Having acess to 600k+ businesses right out of the gate solves the merchant aquisition problem that most crypto payment solutions struggle with. The Philippines market feels like the perfect testbed given the high crypto adoption rate.