HeyPay
Spend XLM at any QRPH merchant — scan the existing code and HeyPay converts XLM→PHP and cashes out to the merchant's bank. Crypto spending on rails merchants already use.
Cross-border remittance and crypto adoption in the Philippines is bottlenecked by an interoperability gap: millions of merchants accept payment only via QRPH — the country’s EMVCo-based national QR standard tied to PHP bank rails — while crypto holders have no direct way to spend those assets at everyday merchants.
The solution
HeyPay acts as a bridge. A payer prefunds a HeyPay-held Stellar wallet with XLM, scans any registered merchant’s existing QRPH code, and HeyPay atomically converts XLM→PHP via the PDAX exchange API and cashes the PHP directly into the merchant’s bank account — all orchestrated through an idempotent, auditable settlement state machine (CREATED → … → SETTLED). Merchants need no integration; it piggybacks on QRPH’s existing footprint.
Built on Stellar
Directly aligned with Stellar’s remittance and financial-inclusion thesis — it gives XLM concrete “everyday spending” utility in a major existing corridor. The underlying pattern (crypto wallet + local QR/payment-rail bridge + local exchange cash-out) is replaceable per country, so the model generalizes beyond its first market.