🇹🇭 Thailand launches an app that lets tourists spend crypto as baht
A new app called WORPT lets foreign visitors convert cryptocurrency into baht and pay at shops and restaurants by scanning Thailand's widely used payment barcodes, with no Thai bank account needed. Built by Wipay and Waan Exchange, it runs under TouristDigiPay, a regulatory pilot launched by Thailand's SEC.
The app targets crypto holders from South Korea, Japan, the Middle East and Southeast Asia, and expects 200,000 users in its first year and 15 billion baht of spending over the 18-month trial.
⭐ After Bhutan and Brazil, Thailand is turning crypto into a tourism payment rail, a real-world use case that could pull more visitor spending onchain in Asia.
#Thailand #CryptoPayments #Stablecoins #Asia
A new app called WORPT lets foreign visitors convert cryptocurrency into baht and pay at shops and restaurants by scanning Thailand's widely used payment barcodes, with no Thai bank account needed. Built by Wipay and Waan Exchange, it runs under TouristDigiPay, a regulatory pilot launched by Thailand's SEC.
The app targets crypto holders from South Korea, Japan, the Middle East and Southeast Asia, and expects 200,000 users in its first year and 15 billion baht of spending over the 18-month trial.
⭐ After Bhutan and Brazil, Thailand is turning crypto into a tourism payment rail, a real-world use case that could pull more visitor spending onchain in Asia.
#Thailand #CryptoPayments #Stablecoins #Asia
