Thailand is bringing crypto one step closer to everyday spending.
A new payment app called WORPT allows foreign tourists to convert their crypto into Thai baht and pay at shops and restaurants by scanning payment codes.
And here's the important part:
You don't need a Thai bank account to use it.
The service operates under Thailand's TouristDigiPay regulatory sandbox, allowing visitors to convert digital assets into baht through regulated providers.
Merchants receive Thai baht, not cryptocurrency, meaning businesses don't have to handle digital assets themselves.
The initiative is targeting international crypto holders, with its operator projecting 200,000 users and 15 billion baht in spending over the 18-month trial.
This is an interesting approach to crypto adoption.
Rather than asking businesses to accept Bitcoin or stablecoins directly, Thailand is building a bridge between digital assets and the payment systems people already use.
That's how crypto starts becoming useful in the real world.
A new payment app called WORPT allows foreign tourists to convert their crypto into Thai baht and pay at shops and restaurants by scanning payment codes.
And here's the important part:
You don't need a Thai bank account to use it.
The service operates under Thailand's TouristDigiPay regulatory sandbox, allowing visitors to convert digital assets into baht through regulated providers.
Merchants receive Thai baht, not cryptocurrency, meaning businesses don't have to handle digital assets themselves.
The initiative is targeting international crypto holders, with its operator projecting 200,000 users and 15 billion baht in spending over the 18-month trial.
This is an interesting approach to crypto adoption.
Rather than asking businesses to accept Bitcoin or stablecoins directly, Thailand is building a bridge between digital assets and the payment systems people already use.
That's how crypto starts becoming useful in the real world.