Thailand’s Regulator Officially Recognizes Tether’s USD₮ As An Approved Cryptocurrency

Thailand’s Securities and Exchange Commission (SEC) has taken a significant step forward in its digital asset regulatory framework by officially recognizing Tether’s stablecoin, USD₮, as an approved cryptocurrency. 

This landmark decision not only expands the list of tradable digital assets within the country but also reinforces Thailand’s commitment to integrating stablecoins into its growing crypto ecosystem.

A Regulatory Milestone

The approval follows a thorough review process and a public consultation held in February 2025, where industry stakeholders largely supported the inclusion of stablecoins. 

According to Tether’s official announcement, under the new framework, USD₮ will be permitted as a base trading pair on licensed digital asset exchanges, paving the way for smoother fiat-to-crypto transactions. 

With this move, USD₮ joins other approved cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Stellar (XLM) on Thailand’s official list.

Boosting Market Confidence

Industry experts believe that the SEC’s decision to recognize USD₮ will bolster investor confidence in stablecoins, which are critical for maintaining liquidity and reducing volatility in crypto markets. 

Tether’s CEO, Paolo Ardoino, welcomed the decision, emphasizing that it validates Tether’s commitment to transparency and stability. 

“This regulatory nod from Thailand’s SEC is a testament to the robustness of our technology and the sound practices we adhere to, ensuring that USD₮ remains a reliable tool for traders and investors alike,” Ardoino stated.

Implications for Thailand’s Digital Asset Market

By officially approving USD₮, Thailand is aligning itself with global trends that favor the adoption of stablecoins. 

The move is expected to facilitate greater participation from both retail and institutional investors in the country’s digital asset market. 

Moreover, it paves the way for the development of more innovative financial products and services that leverage stablecoin technology, ultimately contributing to the nation’s broader digital economy initiatives.

Thailand’s Approval Of USD₮

As Thailand continues to refine its regulatory landscape, the inclusion of USD₮ represents a pivotal moment for the nation’s crypto sector. 

This decision is anticipated to attract further investments and drive innovation, reinforcing Thailand’s position as a forward-thinking, crypto-friendly jurisdiction in Southeast Asia. 

With the digital asset market evolving rapidly, such regulatory clarity is vital for fostering sustainable growth and ensuring investor protection.

Thailand’s approval of USD₮ is in contrast with the recent occurrence as the EU looks to delist this stablecoin by the 31st of March.