Ronin and Coins.ph are moving forward with plans to bring PHPC, a peso-backed stablecoin on the Ronin network, into the Philippines' national QR payment system, QRPH. The integration, pending regulatory approval, would allow users to spend PHPC at over 600,000 QRPH-enabled merchants across the country. The move represents one of the most direct attempts yet to connect blockchain-based assets with mainstream retail infrastructure.
The companies revealed their plans at the YGG Play Summit, where Ronin laid out its broader ambitions to expand beyond gaming and support everyday financial activity across the Asia-Pacific region. If approved, Ronin Wallet users will be able to scan QRPH codes for purchases, putting stablecoin payments on the same level as the mobile wallets already embedded in daily commerce throughout the Philippines.
Digital payments and on-chain settlement
Digital payments have grown rapidly in the Philippines over the past few years. The Bangko Sentral ng Pilipinas reports that digital transactions now account for more than half of all retail activity, with person-to-merchant payments continuing to climb. The country's status as one of the world's largest recipients of remittances has fueled demand for flexible, low-friction payment tools that work across platforms and borders.
Coins.ph CEO Wei Zhou said the integration could go live as soon as 2026, assuming regulatory permits come through. The system is designed to let users pay with PHPC by scanning QR codes at participating merchants, similar to existing digital wallets but with the added benefit of on-chain settlement. Zhou framed the integration as a way to bring blockchain-based value into everyday spending without requiring merchants or users to change their existing behavior.
Bridging gaming economies and real-world spending
PHPC launched on Ronin in 2024 as part of the BSP sandbox program. The stablecoin is pegged to the Philippine peso, with Coins.ph managing its reserves under central bank oversight. Its introduction created a direct link between the Ronin gaming ecosystem and the broader financial system, giving users who earn digital assets through games like Axie Infinity a way to convert those earnings into real-world purchasing power.
Sky Mavis Co-Founder Jeffrey Zirlin pointed to the pandemic era, when some merchants began informally accepting in-game tokens as payment. With a regulated stablecoin connected to a national payment system, Ronin users in the Philippines may soon be able to move their in-game earnings into everyday expenses without friction or workarounds.
Positioning Ronin beyond gaming
Ronin Wallet remains one of the most widely used wallets in web3 gaming, with millions of active users. By integrating PHPC payments into QRPH, Ronin is positioning itself as more than a gaming platform. The move signals a broader strategy: connecting gaming economies with real-world financial activity while staying within regulatory boundaries. If successful, it could serve as a model for other blockchain ecosystems looking to move beyond speculation and into utility.
Updates on the PHPC rollout will be shared through Coins.ph's official Facebook page and the Ronin X account as the plans move through regulatory review.
Frequently Asked Questions (FAQs)
What is PHPC?
PHPC is a Philippine peso–backed stablecoin built on the Ronin blockchain. It maintains a one-to-one peg with the peso and is managed by Coins.ph under BSP oversight.
What is QRPH?
QRPH is the Philippines' national QR payment standard, enabling interoperable QR-based payments across banks and mobile wallets.
When will PHPC be usable via QRPH?
The integration is planned for 2026, pending all required regulatory permits and authorizations.
Can users pay with PHPC using Ronin Wallet?
Yes, once the integration is approved, users will be able to scan QRPH codes using Ronin Wallet to make payments with PHPC.
Why is this integration important for web3?
It connects digital assets to real-world spending, enabling stablecoin use for everyday purchases and expanding web3 utility beyond gaming.
Is PHPC regulated?
PHPC operates under the supervision of the Bangko Sentral ng Pilipinas through the sandbox program, with reserves managed by Coins.ph, a licensed virtual asset service provider.
How many merchants support QRPH?
More than 600,000 merchants across the Philippines currently support QRPH payments.
