Thailand launched WORPT, a payment app that allows foreign tourists to convert crypto assets into Thai baht and spend them at merchants nationwide. The platform, developed by Wipay and Waan Exchange with support from Tether, connects cryptocurrency wallets to Thailand's QR PromptPay network, enabling purchases without requiring a local bank account. The service supports stablecoins including USDT and USDC, with a 1.5% conversion fee. The Mall Group has joined as the first department store partner. Wipay projects approximately 200,000 users in the first year, with an estimated 15 billion baht (USD 440 million) in spending over the 18-month trial period. The company is also preparing Visa prepaid card services, with physical cards launching in November and virtual cards expected in early 2027.

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