WORPT, a payment app developed by Waan Exchange and Wipay, has launched in Thailand. The app enables foreign tourists to convert USDT and USDC into local Baht to pay merchants via the national Thai QR PromptPay system.
The companies have announced their availability under the Tourist DigiPay Regulatory Sandbox.
Waan Exchange, also known as Waanx, said it has received approval from Thailand’s Securities and Exchange Commission to participate.
Important Read: Thailand’sBitcoin and Ethereum ETF Rules Take Effect, Opening Path to Regulated Listings
How crypto becomes Baht
Users will have to deposit supported stablecoins, exchange them for Baht, and spend the resulting balance through QR payments.
Local merchants will receive Baht through existing payment infrastructure and do not need to accept or hold cryptocurrency.
The digital asset services are offered by Waanx, while Wipay provides the electronic-money wallet. Both companies are regulated by Thailand’s SEC and the Bank of Thailand.
Physical visa card rollout
Physical Visa prepaid cards are planned for mid-November 2026, followed by virtual cards in early 2027.
Once introduced, both card and QR payments will draw from the same Baht balance.
The key objective behind WORPT is to enable international travelers to make practical use of the cryptocurrencies they already have while visiting Thailand. We have therefore focused on connecting the entire process, from converting digital assets into Thai Baht to making payments for goods and services, providing travelers with greater convenience and more payment options throughout their journey, said Mr. Pavin Jittiwongsamarn, Co-Founder of WORPT.
The initiative brings together key players across financial technology and retail. Collaborators include retail operator The Mall Group, stablecoin issuer USDT, and payments network Visa.
Sign up on WEEX and roll for a chance to win a share of the $1,000,000 prize pool.
