Thailand launched new mobile app called WORPT that makes it very easy for foreign tourists to spent cryptocurrency during their visit to Thailand. This app convert digital coins directly into Thai Baht so tourists can pay at local shops same way as locals do.

How this app works?

Using WORPT is very simple for that their is no need of bank you just need to transfer cryptocurrency to that app like Stablecoins USDT and USDC and this app will convert it to local Thai baht.

And when it's time to pay let's say at hotel or anywhere just scan the local QR code for payment in specified place you want to pay that way local people at the desk will receive regular Thai baht in their account, meaning businesses do not have to worry about handling cryptocurrency or price swings.

Why Thailand do this ?

So the question is obvious why Thailand needed this ? The answer is simple. Tourism is major part of Thailand economy and rate of tourist is also massive and country is also looking for modern ways to attract more international visitors by making digital payments fast and easy. Officials hope to welcome more tech-savvy travelers, especially from countries like South Korea, Japan, and across Southeast Asia and the Middle East.

Government is also backing future moves

WORPT was created by Wipey Co. and Wan exchange Co. It operates under an 18 months of government test program called TouristDigiPay, which is overseen by Thailand's financial regulators and supported by the central bank. During this trial period, officials expect around 200,000 tourists to use the app, bringing in roughly 15 billion baht in spending.

What you think about This move by Thailand? should it be done by every country with rich tourist rate ? let me know in comments section!

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