Coins.ph relaunches as all‑in‑one wallet for payments, bills, remittances and crypto

Published: 2025-12-26 23:57:26 |

Coins.ph has relaunched its mobile app as an all‑in‑one digital wallet combining everyday payments, bill settlement, bank and e‑wallet transfers, low‑cost international remittances and in‑app crypto trading. The platform — licensed by the Bangko Sentral ng Pilipinas as a virtual asset marketplace and mobile wallet — supports the national QR Ph standard with acceptance at over 600,000 merchants and near real‑time confirmation on more than 120 bill types. Coins.ph aims to reduce friction across multiple apps and speed fund movement across banking and e‑wallet ecosystems. The company is promoting PHPC, a peso‑backed stablecoin (pending regulatory approvals), for QRPh payments and exploring PHPC use on Circle’s Arc testnet for cross‑border remittances. Recent partnerships include Sky Mavis (PHPC for QRPh), FinFan (Philippines–Vietnam remittances) and BCRemit (stablecoin remittance corridors). Amira Alawi has been appointed Global Marketing Director to lead international expansion toward a larger global platform (Coins.xyz). For traders: the relaunch centralises on‑ramp/off‑ramp rails, increases fiat‑crypto utility in the Philippines and signals potential growth in PHPC stablecoin flows if regulators approve wider use — factors that could influence local crypto liquidity and stablecoin demand.

Bullish

The relaunch is bullish for the coins and stablecoins directly tied to Coins.ph’s ecosystem, primarily PHPC and any fiat‑on/off‑ramp tokens that benefit from increased volume. Key factors supporting a bullish view: centralised on‑ramp/off‑ramp expansion and wider QR Ph merchant acceptance increase fiat‑crypto conversion opportunities and utility; partnerships (Sky Mavis, FinFan, BCRemit) and Circle Arc testing signal growing cross‑border stablecoin use cases that can drive demand for PHPC once approved; regulatory licensing reduces uncertainty for retail users and institutional partners, improving adoption prospects. Short‑term impact: modest uplift in trading and stablecoin flows as users migrate to the relaunched app and test remittance corridors; volatility possible around announcements (e.g., PHPC regulatory approval, Circle Arc integration). Long‑term impact: sustained growth in stablecoin transaction volume and local crypto liquidity if PHPC gains regulatory clearance and merchant adoption, supporting higher baseline demand. Downside risks that could temper gains include regulatory delays or limited uptake of PHPC, competitive moves by banks/e‑wallets, and macro conditions that depress remittance volumes.