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For example, US dollar-backed stablecoins such as USDT and USDC are widely used. Thailand could create a baht-pegged stablecoin for local use, he told the Bangkok Post. "However, this approach has ...

Thailand’s currency has received a boost this year from a rally in gold prices. But strategists warn that won’t be enough to protect it as tariff risks and interest-rate cuts start to bite.

Thailand's baht slumped to a near 11-month low on Monday pressured by a stronger dollar and concerns over a widening fiscal deficit, while equities in Southeast Asia's second-largest economy ...

The baht is up around 1.2% against the dollar this year, more than double the gain of a broad gauge of Asian currencies. A key reason is Thailand’s role as a gold-trading hub, which has helped ...