Thailand's Tourist DigiPay Sandbox Launches Live Stablecoin Payment App WORPT
- —WORPT converts USDT and USDC to baht; merchants settle in baht via PromptPay
- —Built by Waan Exchange, licensed by Thailand's SEC, and Wipay, regulated by the Bank of Thailand
- —Physical Visa prepaid card due mid-November, virtual card in early 2027
- —No user numbers, conversion limits or fees disclosed
Why it matters: The pilot tests whether tourists will spend stablecoins when a licensed intermediary handles conversion; volumes and permanent rules will be the next signals.
Source: Blockhead