USDT issuance party Tether issues gold Token, interpretation of Thailand's digital asset regulatory policies.> Thailand's regulatory attitude towards encryption assets has undergone a transformation from cautious observation to active embrace, a shift closely related to the global trends in the digital economy and the adjustments in Thailand's domestic economic strategy.
Written by: Deron, Mankiw
On May 13, 2025, Tether, the issuer of the stablecoin USDT, announced the launch of Tether Gold Token (XAU₮) on the Thai digital asset exchange Maxbit. According to Tether, 1 XAU₮ corresponds to 1 ounce of gold in the real world.
Before this, on March 10, 2025, the Thai SEC announced USDT as an approved encryption currency, and the Thai Deputy Prime Minister also announced that Thailand intends to utilize encryption currency and blockchain technology to promote the development of the local tourism industry.
ForesightNews·2025-07-02 12:28