Thailand's central bank + Malaysia just joined Singapore's Project BLOOM as policy observers to study cross-border digital currency flows 🏦

Kasikornbank's been in this project for a while, but still no Thai Baht stablecoin. No timeline either.

Question is: Does Thailand actually need a $THB stablecoin? Or are they just studying while others ship?

Regional CBDC coordination heating up, but execution? Still TBD.