🔥 Thailand will issue G-Token – a national investment token backed by the government – within the next 2 months, with an initial value of 5 billion baht (~150 million USD).
G-Token is neither a stablecoin nor a CBDC, but a stable digital asset aimed at raising capital from the public, diversifying investment channels, and testing the appeal of digital assets. It targets retail investors.
G-Token is expected to yield higher returns than current bank interest rates. This is a step forward in Thailand's strategy to digitize the capital market, alongside plans to develop a domestic Bitcoin ETF.