The Thai baht settles on PromptPay, Thailand's national instant payment ID: a citizen ID or mobile number, registered once at a bank, receives baht in seconds from any Thai banking app.
Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.
Baht checkouts can offer PromptPay to a published PromptPay ID; crypto rails cover buyers who settle on-chain.
No baht stablecoin trades on U.CASH today. On-chain settlement runs through the dollar stablecoins at the checkout's FX rate.
No THB-pegged token trades on U.CASH today. Card rails and the crypto assets cover checkout settlement.
Countries served by the Thai Baht rails on U.CASH.
Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.