Thailand’s Securities and Exchange Commission (SEC) has added USD Coin (USDC) and Tether (USDT) to its list of approved cryptocurrencies for investment in digital tokens through initial coin offerings (ICOs) and as base trading pairs on digital asset exchanges. The revised regulations, effective March 16, 2025, expand the list to seven cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Stellar. The move follows a public hearing in February, where most respondents supported the amendment aimed at enhancing business flexibility. The SEC’s updated criteria allow ICO portals to accept these stablecoins from investors and issuers, aligning with broader efforts to integrate stable digital assets into Thailand’s regulated financial ecosystem. The changes also support ongoing developments in the Bank of Thailand’s Programmable Payment Sandbox.