According to CoinMeta, Thai payment app Worpt has launched cryptocurrency exchange and payment services for foreign tourists, allowing them to convert cryptocurrencies such as USDT and USDC into Thai baht, and to use these local PromptPay QR codes for consumption in shops and restaurants without the need to open a Thai bank account. The app was jointly developed by electronic payment service provider Wipay and licensed cryptocurrency exchange Waan Exchange and operates under the regulatory sandbox of the Thai Securities and Exchange Commission (SEC) under the designation Tourist DigiPay. Wipay expects this service to attract 200,000 users in its first year, with transaction amounts during the 18-month pilot period reaching approximately 440 million US dollars.