#泰国拟限稳定币每日充提14.8万美元 When Mi Ge saw this news from Thailand, his first reaction was that the bar had been raised a little higher again—this time for how much stablecoin can flow in and out each day.
Here’s what happened: On November 12, Thailand’s Securities and Exchange Commission released a draft proposal and invited public comments through November 26. At licensed exchanges, each customer would be allowed to deposit up to 5 million baht worth of stablecoins per day and withdraw up to 5 million baht worth, with the two limits calculated separately. At an exchange rate of around 33.76 baht per USDT on Binance, that works out to roughly $148,000 each way.
And that’s not the only rule. Deposits and withdrawals can only be made using wallets the customer has already verified; wallets belonging to other people won’t be accepted. Platforms will also have to verify identities under the Travel Rule and screen on-chain transactions. The good news is that transfers between licensed exchanges aren’t included in this limit, so moving funds within the country is still allowed. The rules target large amounts being moved in or out across borders.
Mi Ge’s take: The draft hasn’t taken effect yet, and it could still be amended before the 26th. But the direction is already clear: the more stablecoins are used for cross-border transfers, the more closely they’ll be scrutinized. The first people to feel the impact will be those making large daily transactions. Small, routine deposits and withdrawals are unlikely to hit this limit, but verifying your wallet identity will probably become unavoidable everywhere. Have you ever deposited or withdrawn as much as $148,000 in stablecoins in a single day?
Here’s what happened: On November 12, Thailand’s Securities and Exchange Commission released a draft proposal and invited public comments through November 26. At licensed exchanges, each customer would be allowed to deposit up to 5 million baht worth of stablecoins per day and withdraw up to 5 million baht worth, with the two limits calculated separately. At an exchange rate of around 33.76 baht per USDT on Binance, that works out to roughly $148,000 each way.
And that’s not the only rule. Deposits and withdrawals can only be made using wallets the customer has already verified; wallets belonging to other people won’t be accepted. Platforms will also have to verify identities under the Travel Rule and screen on-chain transactions. The good news is that transfers between licensed exchanges aren’t included in this limit, so moving funds within the country is still allowed. The rules target large amounts being moved in or out across borders.
Mi Ge’s take: The draft hasn’t taken effect yet, and it could still be amended before the 26th. But the direction is already clear: the more stablecoins are used for cross-border transfers, the more closely they’ll be scrutinized. The first people to feel the impact will be those making large daily transactions. Small, routine deposits and withdrawals are unlikely to hit this limit, but verifying your wallet identity will probably become unavoidable everywhere. Have you ever deposited or withdrawn as much as $148,000 in stablecoins in a single day?