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Thailand’s SEC gives Tether and USDC the green light for digital trades – TON BOT

TON BOT

Thailand’s SEC gives Tether and USDC the green light for digital trades

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The Thai SEC has approved the use of Tether and USD Coin in digital asset transactions. This decision allows the stablecoins to be used as trading pairs on exchanges and in ICO investments. Tether CEO Paolo Ardoino welcomed the move, emphasizing support for Thailand’s digital economy. Thailand has become one of the most crypto-friendly nations, ranking in the top 20 in adoption. The stablecoin sector is expanding, with USDT and USDC dominating the market. Regulatory discussions are gaining momentum globally, with major financial institutions exploring stablecoin integration. This indicates growing acceptance of stablecoins in traditional finance.

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