Thailand Don Launch TouristDigiPay for Crypto Payments Through QR Codes
Thailand on Aug 18 dey launch TouristDigiPay wey go allow foreign visitors convert cryptocurrency into Thai Baht for crypto payments through QR codes. As part of di sandbox program, tourists go register with licensed digital asset firms and e-money providers, complete KYC/AML checks, and dem get spending limits plus dem no fit withdraw cash directly. Japan FSA go approve JPYC’s yen-pegged stablecoin this autumn under new regulations, wey dem don update, to expand regulated options beyond the $250 billion US dollar stablecoin market for remittances and digital payments. Meanwhile, Coinbase Smart Wallet don pass 1.07 million accounts after people sign up for Base app increase—270,000 new wallets on August 16 alone, almost 26 percent of all accounts—show say self-custodial solutions dey grow well well. These developments dey show say both big companies and retail people dey join crypto payments and stablecoins well well, and dis one dey support bigger market growth and infrastructure readiness.
Bullish
The launch of TouristDigiPay dey provide beta way to use crypto for tourism, e dey increase demand for transactions. Japan regulator approval for yen-pegged stablecoin mean say institutional support don strong plus e clear tins, e reduce wahala wey investors dey face. Coinbase Smart Wallet fast growth show say more people dey use self-custodial wallets, e dey expand the users. Historically, when regulators gree and wallet adoption reach big level, market dey usually go up. For short term, trading volumes fit rise because more people dey interested in token conversions and stablecoins. For long term, better infrastructure and more use cases go help price dey grow steady and market go stable well well.