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Binance trumpets baht-backed stablecoins
Thailand could create ... and security of a baht-backed stablecoin," said Mr Nirun. Unlike Bitcoin, which already enjoys global recognition and adoption, a new stablecoin would require a ...
Thailand’s currency has received a boost this year from a rally in gold prices. But strategists warn that won’t be enough to ...
About 2.7 million beneficiaries in the age group will receive 10,000 baht ($ ... be made through a new “digital wallet” application meant to boost spending. Bloomberg Thailand’s government ...
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Standard Chartered Bank (Thai) forecasts the baht will weaken to around 35 per greenback by mid-2025, driven by escalating trade tensions. According to Tim Leelahaphan, the bank's vice-president ...
A key reason is Thailand’s role as a gold-trading hub, which has helped lift the currency as the precious metal hit new highs. The baht has a much closer link with gold than most emerging market ...