🇹🇭💸 Thai Baht TrueMoney (THBT): Thailand’s Blockchain-Powered Digital Baht

Bangkok just plugged fiat into Web3. TrueMoney’s Thai Baht TrueMoney (THBT) token brings the baht on-chain — stable, regulated, and built for programmable payments. Think coupons, swaps, and cross-wallet transfers, all running on Base blockchain.

⚡ Quick Hits

• 🪙 Token: THBT, pegged 1:1 to Thai Baht
• 🏦 Issuer: TrueMoney Co., Ltd.
• ⛓️ Blockchain: Base (public)
• 📅 Pilot: Aug 4 – Nov 30, 2025
• 👥 Cap: 3,000 verified Thai users (20+ only)
• 💳 Use cases: Coupons, wallet transfers, USDT swaps
• 💰 Limits: 10,000 THBT conversion cap / 50,000 THB withdrawals

🏦 What Is THBT?

THBT is Thailand’s first sandbox-approved digital baht — fully backed 1:1 by reserves, pegged to fiat, and built for blockchain-native payments. Unlike crypto’s usual volatility, THBT is stable and auditable, making it a safer bridge between traditional finance and Web3.

Users can:

• Convert their TrueMoney balance into THBT
• Redeem back into fiat anytime
• Transfer THBT wallet-to-wallet on-chain
• Buy coupons with up to 60% discounts
• Swap THBT for USDT via Bahtswap

🔗 How It Works

• Stable Value: Every THBT = 1 THB in reserve.
• Blockchain Transparency: Runs on Base, with smart contracts logging every move.
• Self-Custody: Users hold keys via wallets like MetaMask, Zerion, Uniswap Wallet.
• Regulated Sandbox: Licensed under Thailand’s Enhanced Regulatory Sandbox and Digital Asset Sandbox.

Participation is capped at 3,000 verified users, each completing KYC + digital literacy checks.

🛍️ Use Cases That Matter

1. Coupon Economy → Spend THBT in the THBT Store with deep discounts.
2. P2P Transfers → Wallet-to-wallet transactions, redeemable into baht at any point.
3. Crypto Liquidity → Seamless swaps to USDT via Bahtswap.

🔒 Safety & Compliance

• Fully backed by fiat, no algorithmic drama.
• Users control their wallets — TrueMoney cannot reset lost keys.
• Sandbox rules forbid gambling, laundering, or shady hacks.
• Data protected under Thai privacy laws.

At the end of the pilot (Nov 30, 2025): 👉 All THBT must be redeemed back to baht within 30 days.

🌐 Why It Matters

Thailand just gave a regulatory greenlight to stablecoin payments.

• Bridges Web2 fintech (TrueMoney) with Web3 rails (Base).
• Expands Southeast Asia’s programmable payment experiments.
• Positions Thailand as a crypto gateway hub for the region.

If successful, THBT could become the blueprint for state-aligned stablecoins in Asia — combining fiat trust, blockchain transparency, and wallet-native payments.

✍️ TL;DR

TrueMoney’s THBT token puts the Thai baht on-chain in a regulated sandbox. Fully fiat-backed, stable, and Web3-ready, it allows coupon buys, wallet transfers, and USDT swaps. With a 3,000-user cap and pilot ending Nov 30, 2025, THBT is Thailand’s test case for programmable money — and a glimpse into Southeast Asia’s digital finance future.