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Coins.ph and Skyro partner at ASEAN Tech Summit to expand digital payments and disbursements. Published: Aug 17, 2026 * homepage * > * news * > * business * > * Coins.ph and Skyro partner at ASEAN Tech Summit to expand digital payments and disbursements. Coins.ph, one of the leading digital wallet and crypto services provider in the Philippines, and Skyro, a fast-growing SEC-registered fintech company offering accessible consumer finance products, recently signed a partnership during the ASEAN Tech Summit at the Marriott Grand Ballroom in Newport City, Pasay City. Formalizing the agreement were Wei Zhou, Chief Executive Officer, and Amira Alawi, Global Marketing Director, representing Coins.ph. Joining them on behalf of Skyro were Arsen Liametov, co-Founder and co-CEO; Nasim Aliev, co-Founder and co-CEO; and Anthony Co, President. Under this new alliance, Coins.ph and Skyro will collaborate across key payment infrastructure verticals, including QR Ph Scan-to-Pay, QR Ph payment acceptance and seamless disbursement services. Through the integration of the national QR code standard (QR Ph), the partnership aims to provide consumers, enterprise partners and merchant networks with safer, faster and more versatile transaction capabilities. Through this integration, consumers will benefit from frictionless, interoperable payments across Skyro's network of more than 10,000 partner stores and more than 4,000 offline and online merchant partners nationwide. Simultaneously, Skyro will leverage Coins.ph's payout infrastructure to further enhance its cash distributions, credit payouts, loan disbursements and merchant settlements, enabling partner businesses to process instant bulk payouts while improving operational efficiency. "Partnering with Skyro allows us to expand the reach of our robust financial infrastructure and drive real, everyday utility for millions of users," said Wei Zhou, CEO of Coins.ph. "Through our joint work in QR Ph acceptance and disbursements, we are making interoperable digital payments faster, safer and far more accessible while advancing our shared commitment to digital financial inclusion across the country." "This agreement accelerates our roadmap to build a fully integrated digital financial ecosystem," said Anthony Co, President of Skyro. "As fintech adoption expands beyond major metro areas into regional provinces, integrating robust QR Ph acceptance and payout rails ensures our digital financial products remain available everywhere." The collaboration comes at a key moment as digital payment transactions in the Philippines reached nearly 25 trillion pesos (₱25 trillion) in 2025, driven by a 216% surge in electronic fund transfer volume through clearing houses like InstaPay and PESONet. Leveraging this momentum, Coins.ph and Skyro plan to roll out these integrated payment and disbursement options across their digital platforms in the coming months, setting a practical benchmark for cashless transformation. About Coins Coins is building the next generation of global money movement. Through a single platform, businesses and consumers can make payments, move money across borders, convert currencies, access digital assets, and tap into a growing suite of financial services - from cards and credit to investments and treasury. By combining stablecoin-powered settlement with local payment rails, Coins makes money move faster, at lower cost, and with 24/7/365 availability. About Skyro Skyro is a fast-growing SEC-registered financial technology company in the Philippines dedicated to providing accessible, flexible, and customer-centric consumer finance solutions. Leveraging advanced data analytics, artificial intelligence, a digital-first platform, and an extensive retail partner network, Skyro offers product loans, cash loans, and a digital credit line designed to help Filipinos access credit in ways that fit their needs, lifestyles, and financial journeys.

Coins.ph, Tempo Blockchain want to cut overseas transfer fee costs for Filipinos. Weekly crypto roundup. For Filipinos, especially crypto users receiving money from abroad or transferring funds across borders, moving digital dollars on the blockchain, particularly via non-custodial wallets, has long come with a frustrating chore: to send standard stablecoins like Tether or USD Coin, users usually have to buy and hold a completely separate, volatile token just to pay blockchain "gas" fees. A new payment network integration aims to eliminate that friction, bringing near-zero transfer costs and sub-second settlement to millions of digital wallet users in the Philippines. Eliminating the gas token requirement. When transferring crypto-based dollars on general-purpose blockchains, users historically needed tokens like Ether or Tron in their wallet solely to cover network fees. If a user ran out of those specific native tokens, their funds were effectively stuck until they purchased more. Through a live integration between digital asset platform Coins.ph and Layer 1 payment network Tempo, users can now pay transaction fees directly using the stablecoins they are actually sending. This feature, known as native gas abstraction, allows Tether (USDT) and USD Coin (USDC) transfers to cover their own network fees. Additionally, transactions processed through the network reach finality in roughly 0.5 seconds, avoiding the unpredictable fee spikes common during periods of heavy crypto market congestion. Purpose-Built rails for digital dollars. Tempo was co-incubated by payments firm Stripe and crypto venture firm Paradigm specifically to serve as dedicated infrastructure for global stablecoin payments. Unlike general-purpose blockchains where money transfers must compete for processing space against high-frequency trading or NFT minting, Tempo utilizes dedicated payment lanes to isolate financial traffic. (Read More: Stripe Builds Tempo Blockchain | Live Crypto Updates) The feature went live on August 9 at 2:00 PM PHT, giving Coins.ph users multi-chain deposit and withdrawal capabilities for USDT and USDC via Tempo's canonical USDT0 and USDC.e tokens. "As stablecoins rapidly become the default rail for cross-border commerce and remittances, users need infrastructure that delivers instant, reliable, and cost-effective settlement," said Christine Lim, Global BD Director for Crypto at Coins.ph. She noted that supporting Tempo ensures transferring value across borders feels "as seamless as sending an instant message." Josh Itzkovitz from Tempo's Go-To-Market team added that pairing purpose-built payment rails with established regional platforms helps make cross-border stablecoin transfers "invisible, instant, and frictionless for everyday users." Broadening local and global money movement. The integration reflects a broader push by Coins.ph to upgrade payment efficiency both inside the Philippines and across international corridors. * Coins.ph recently expanded its local biller network to nearly 300 merchants through a direct Bayad integration, enabling users to settle Meralco, telecommunications, and government bills with 24-hour real-time posting. * Internationally, the exchange previously partnered with Clear Junction to connect corporate clients to European payment channels, including SEPA, SEPA Instant, and Faster Payments for EUR and GBP transfers. What else is happening in Crypto Philippines and beyond: