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Users of the Ronin Wallet will soon be able to pay for everyday goods and services in the Philippines by scanning QRPh codes, following a strategic partnership announcement between Sky Mavis and local crypto exchange Coins.ph.
The initiative, unveiled at the YGG Play Summit in Manila, aims to integrate PHPC, a Philippine Peso-backed stablecoin from Coins.ph, into the national QR payment standard.
This development would enable Ronin users to spend PHPC directly from their wallets at over 600,000 QRPh-enabled merchants nationwide. It covers transactions ranging from groceries and food deliveries to utility bills.
Timeline and Regulatory Status
The integration is currently targeted for rollout by 2026, according to Coins.ph CEO Wei Zhou. The timeline is subject to the companies obtaining all necessary regulatory permits and authorizations from the Bangko Sentral ng Pilipinas (BSP).
“Once we secure the necessary permits, the integration of PHPC into the QRPH network by 2026 would be a game-changer,” Zhou stated. “Soon, paying with PHPC will be as simple and immediate as scanning a QR code… but with the unprecedented speed and security of on-chain value.”
Real-World Utility for Web3
The move represents a significant shift for Ronin, the blockchain network developed by Sky Mavis (creators of Axie Infinity), which has traditionally focused on gaming.
Jeffrey “Jihoz” Zirlin, Co-Founder of Sky Mavis, described the integration as “completing the loop” that began during the 2021 play-to-earn boom, when merchants informally accepted in-game tokens like SLP for payments.
“Millions of Ronin wallet users in the Philippines will soon have a seamless way to transmute in-game items and tokens into food, transportation costs, and the necessities of daily life,” Zirlin said.
Background: PHPC and Ecosystem Growth
PHPC is a peso-backed stablecoin pegged 1:1 to the Philippine Peso. It was launched on the Ronin network in July 2024 under the BSP’s Regulatory Sandbox Framework. Its reserves are managed by Coins.ph, a BSP-regulated Virtual Asset Service Provider (VASP).
Digital payments in the Philippines now account for 57.4% of all retail transactions, according to BSP data.
Expanding Financial Infrastructure
This partnership is part of a wider push by both entities to expand their financial infrastructure beyond basic trading.
- Coins.ph: In November 2025, the exchange announced it had joined the public testnet of Arc, an institutional-grade blockchain developed by stablecoin issuer Circle. This move explores using PHPC for cross-border remittances and high-volume transactions on a specialized network.
- Ronin Network: The blockchain has been aggressively diversifying its ecosystem. Beyond this payment integration, Ronin recently partnered with Transak to enable direct fiat-to-crypto on-ramps.
This article is published on BitPinas: Ronin Wallet to Enable QRPh Payments via PHPC Stablecoin in Coins.ph Tie-up
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