TrueMoney launches Fireblocks wallet for Thai stablecoin THBT
- —THBT is backed 1:1 by the baht, with reserves held in Thai banks
- —The second phase of the pilot starts in mid-August 2026
- —Issuance cap is 10,000 THBT (~$280) per user per month
- —The Bank of Thailand sandbox runs until December 31, 2026
Why it matters: A major Southeast Asian payments service is embedding stablecoin infrastructure into a mass-market app, broadening real-world use of digital currencies.
Source: Crypto Briefing