Thailand SEC proposing ~$151k daily cap on stablecoin transfers in BOTH directions.
This is wild. Imagine being capped at $151k/day moving stables in OR out.
Who gets hit:
• Retail whales parking 6-7 figs in USDT/USDC
• Local traders routing liquidity through Thai exchanges
• Anyone using Thailand as a stablecoin on/off ramp
This is capital control in disguise. They're throttling flow because they can't control it otherwise.
If you're in SEA and routing through Thailand, time to rethink your stack. Vietnam, Singapore, or just go full DeFi.
Regulators scared of stables = bullish long-term. Means they see the threat.
This is wild. Imagine being capped at $151k/day moving stables in OR out.
Who gets hit:
• Retail whales parking 6-7 figs in USDT/USDC
• Local traders routing liquidity through Thai exchanges
• Anyone using Thailand as a stablecoin on/off ramp
This is capital control in disguise. They're throttling flow because they can't control it otherwise.
If you're in SEA and routing through Thailand, time to rethink your stack. Vietnam, Singapore, or just go full DeFi.
Regulators scared of stables = bullish long-term. Means they see the threat.