Thai Securities and Exchange Commission Approves Tether (USDT) as a Recognized Cryptocurrency…Accelerating Growth in the Digital Asset Market

# Thailand SEC Grants Official Approval to Tether (USDT), Ushering in New Digital Asset Era Thailand's Securities and Exchange Commission (SEC) has granted official approval to Tether (USDT), the world's largest stablecoin. This pivotal decision will allow USDT to be traded legally within Thailand and listed on regulated exchanges. Furthermore, it opens the door for its use as a payment method, significantly accelerating the digital asset innovation within the country. # Thailand Enhances Digital Asset Regulations Effective March 16 In a bid to boost the flexibility of digital asset businesses, the Thailand SEC has revised its regulatory framework, with the new regulations set to take effect from March 16. These amendments, finalized with broad industry support in February 2025, will provide investors with a clearer regulatory environment for trading digital assets, including USDT. Thailand has positioned itself as a digital asset-friendly nation in recent years, ranking within the top 20 in global cryptocurrency adoption. Approximately 40% of cryptocurrency transactions in Thailand are conducted with USDT. The approval of USDT is expected to foster a more vibrant digital asset market in the country. # Tether CEO Highlights Commitment to Thai Market Paolo Ardoino, CEO of Tether, emphasized the importance of the Thai market, stating, "We regard the Thai market as highly significant and are constantly seeking ways to improve our services." He added, "Our top priority is to provide Thai users with a safe, transparent, and trustworthy stablecoin experience." Ardoino also remarked on Tether's long-term commitment to supporting the success and adoption of stablecoins in Thailand and contributing to a sustainable digital asset ecosystem. # Thailand's Leading Role in the Global Stablecoin Market Thailand's recent decision carries substantial implications for the global digital asset market. With a market capitalization of $142 billion, USDT is the most widely used stablecoin worldwide. This approval is expected to further develop Thailand's digital financial infrastructure and enhance the integration between traditional financial systems and the digital economy. Tether plans to actively support Thailand’s digital economy development. This approval is likely to diversify and modernize Thailand's financial market. The progressive digital asset regulatory policies of the Thai government are being recognized as a case study in setting global standards.