🚀 Breaking News: Siam Commercial Bank (SCB) has launched Thailand's first stablecoin-powered cross-border payment system! Partnering with SCB 10X and Lightnet, SCB uses stablecoins pegged to gold or the U.S. dollar for faster, more efficient international transactions.

🔗 Key Points:

- Built on a public blockchain with Fireblocks' top-tier custody tech.

- Enables 24/7 cross-border transactions.

- Reduces the need for pre-funded accounts, improving capital efficiency.

- Simplifies currency conversion and clearance layers.

This innovation follows SCB's successful graduation from Thailand's Digital Asset Regulatory Sandbox. What are your thoughts on this breakthrough? Share in the comments! 💬