Thailand has launched WORPT, a new payment app allowing foreign tourists to convert cryptocurrency into Thai baht and spend at shops nationwide, according to Thai media reports. The app integrates with Thailand's QR PromptPay network and supports stablecoins including USDT and USDC. Developed by Wipay and Waan Exchange with backing from Tether, WORPT charges a 1.5% conversion fee and operates under Thailand's TouristDigiPay regulatory sandbox. Visitors deposit supported digital assets into the platform, convert them to baht, and use the balance to scan merchant QR codes. Merchants receive Thai baht through existing payment channels rather than handling cryptocurrency directly. The Mall Group has joined as an early retail partner. Wipay projects approximately 200,000 users in the first year and expects around 15 billion baht (approximately $440 million) in spending over an 18-month trial period.
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