#worptletstouristsconvertcryptotothaibaht
🚨 Thailand Launches WORPT: Tourists Can Now Convert Crypto to Thai Baht Without a Local Bank! 🇹🇭💸
While crypto prices face macro turbulence, real-world stablecoin utility just scored a huge win in Asia. Developed by Wipay and Waan Exchange (founded by Chaval Jiaravanon) under Thailand SEC’s TouristDigiPay regulatory pilot, WORPT lets international visitors spend crypto nationwide seamlessly:
🪙 Direct USDT & USDC to Baht Spending: Tourists can convert USDT and USDC into Thai baht (initial 1.5% conversion fee) and pay at shops, hotels, and restaurants simply by scanning PromptPay QR codes—no Thai bank account required.
🏪 Zero Crypto Risk for Merchants: Local businesses receive standard Thai baht through existing payment channels without holding crypto or taking on volatility exposure.
💳 Visa Prepaid Cards Next: Alongside QR payments, WORPT is rolling out a physical Visa prepaid card this month and a virtual card in early 2027.
🎯 $443M+ Pilot Target: Aimed at travelers from South Korea, Japan, the Middle East, and Southeast Asia, targeting 200,000 users in Year 1 and 15B baht (~$443.3M) in volume over its 18-month pilot.
🏦 Macro & Market Contrast: Even as BTC slips near $65,000 amid hawkish Fed rate-hike expectations and the Fed's latest Financial Stability warning on elevated tech/AI valuations, payment rails like WORPT prove stablecoin adoption is accelerating in the real economy.
Would you pay with USDT or USDC via QR codes on your next trip abroad? 👇
$BTC
$ETH
$ZEC
#USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #WhatWillDriveCryptoandStocks’NextRebound? #BinanceSquare #CryptoNews
🚨 Thailand Launches WORPT: Tourists Can Now Convert Crypto to Thai Baht Without a Local Bank! 🇹🇭💸
While crypto prices face macro turbulence, real-world stablecoin utility just scored a huge win in Asia. Developed by Wipay and Waan Exchange (founded by Chaval Jiaravanon) under Thailand SEC’s TouristDigiPay regulatory pilot, WORPT lets international visitors spend crypto nationwide seamlessly:
🪙 Direct USDT & USDC to Baht Spending: Tourists can convert USDT and USDC into Thai baht (initial 1.5% conversion fee) and pay at shops, hotels, and restaurants simply by scanning PromptPay QR codes—no Thai bank account required.
🏪 Zero Crypto Risk for Merchants: Local businesses receive standard Thai baht through existing payment channels without holding crypto or taking on volatility exposure.
💳 Visa Prepaid Cards Next: Alongside QR payments, WORPT is rolling out a physical Visa prepaid card this month and a virtual card in early 2027.
🎯 $443M+ Pilot Target: Aimed at travelers from South Korea, Japan, the Middle East, and Southeast Asia, targeting 200,000 users in Year 1 and 15B baht (~$443.3M) in volume over its 18-month pilot.
🏦 Macro & Market Contrast: Even as BTC slips near $65,000 amid hawkish Fed rate-hike expectations and the Fed's latest Financial Stability warning on elevated tech/AI valuations, payment rails like WORPT prove stablecoin adoption is accelerating in the real economy.
Would you pay with USDT or USDC via QR codes on your next trip abroad? 👇
$BTC
$ETH
$ZEC
#USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #WhatWillDriveCryptoandStocks’NextRebound? #BinanceSquare #CryptoNews
