🇹🇭Thailand officially recognizes USD & $USDC as legal crypto
The Thai SEC has just approved USDT (Tether) and USDC (Circle) as legal cryptocurrencies, allowing trading on licensed exchanges in Thailand from March 16, 2025. This move also paves the way for these two stablecoins to be used in payments, connecting traditional finance with the digital economy.
Previously, the Thai SEC only recognized BTC, ETH, XRP, XLM, and a few tokens from the Bank of Thailand. This significant step continues to help Thailand consolidate its leading position in digital assets in the region.