I had a chat with friends in the cryptocurrency circle in Thailand and found that the demand for this U card is still quite high, and of course, the fee rates are also important.

He stated: The U card is currently very popular in Thailand because people want to avoid taxes; if they remit money from abroad back to Thailand, the tax can be as high as 35%; offshore C2C exchanges located in Thailand have already been shut down; offline exchange shops are often raided by the police, and everyone is afraid of dirty money.