Thailand Approves USDT and USDC for Crypto Trading
- Thailand’s SEC has approved Tether’s USDT and Circle’s USDC for trading on digital asset exchanges.
- The stablecoin pairs will be available for trading in Thailand starting March 16.
- The global stablecoin market has grown to $227 billion, a 22% increase over two years.
- Thailand aims to become a digital asset hub with initiatives like the “Phuket sandbox” project.
- Tether CEO Paolo Ardoino emphasized support for stablecoin infrastructure in Thailand.
On March 16, Thailand will allow trading of Tether’s USDT and Circle’s USDC on its digital asset exchanges, as the global stablecoin market reaches $227 billion.
Source (2.6)https://decrypt.co/309347/thailand-approves-usdt-usdc-for-trading?rand=52368
