Thailand SEC Approves USDT and USDC for Regulated Crypto Trading
Following the announcement, Tether confirmed that USDT will be integrated into Thailand’s digital asset space. The company stated that USDT can now be used as a payment rail, helping businesses and users conduct transactions
Thailand has been moving toward stablecoin adoption as part of a broader effort to legitimize cryptocurrency usage. Authorities have also worked on expanding financial options by allowing regulated exchanges to list more digital assets.
Tether and Circle on Thailand’s Stablecoin Approval
Following the announcement, Tether confirmed that USDT will be integrated into Thailand’s digital asset space. The company stated that USDT can now be used as a payment rail, helping businesses and users conduct transactions.
Circle has not yet issued a statement, but the approval signals that regulators are recognizing stablecoins as part of the financial system. Allowing USDT and USDC on regulated exchanges could also impact cross-border transactions in the region.
