WORPT Opens Thai QR Payments to Tourists Using Stablecoins

Waan Exchange Co., Ltd. (Waanx) and Wipay Co., Ltd. announced Monday, Oct. 26, that their WORPT wallet is available to international tourists visiting Thailand. It supports deposits of Tether (USDT) and USDC, which users convert into baht before making purchases through Thai QR PromptPay. After conversion, shoppers use baht for their purchases, and merchants receive baht through the existing payment system. The service does not use digital assets directly to pay merchants. Waanx, which operates a digital-asset exchange and brokerage, worked with e-money provider Wipay to develop WORPT.