The Thailand Securities and Exchange Commission (SEC) approved Tether’s USDT and Circle’s USDC stablecoins, enabling their listing on regulated exchanges starting March 16. This decision was made following public consultation on new regulatory frameworks introduced in February. The approval aims to enhance cryptocurrency adoption in Thailand, which aligns with the country’s broader strategy to integrate digital assets like Bitcoin, Ether, XRP, and XLM into the economy. The Stellar network stands to benefit as XLM is included among the few cryptocurrencies cleared for trading. The decision also reflects a growing trend in favor of stablecoins as efficient alternatives to traditional remittances, offering cost savings, especially in emerging markets. These changes aim to support Thailand’s digital economy and its appeal to digital asset businesses.