CRYPTOCURRENCY : Thailand Securities and Exchange Commission (SEC) has designated Tether stablecoin USDT as an approved cryptocurrency. The stablecoin issuer announced this on March 10, noting that it will boost USDT use in the country.
According to an official announcement from Tether, regulated exchanges in Thailand can now list USDT, opening the way for the stablecoin to be used in payments. The Thai SEC’s approval decision follows a public feedback phase that ended in February.