Thailand’s Innovative Approach to Crypto Tourism
Starting in the fourth quarter of 2025, Thailand is set to launch its “TouristDigiPay” sandbox. This initiative aims to streamline travel payments by allowing tourists to exchange their digital assets for Thai baht, enhancing the convenience of financial transactions during their stay.
Government-Backed Pilot Program
Supported by the Thai Securities and Exchange Commission (SEC), the Ministry of Finance, and other government entities, this 18-month pilot program is designed to revive Thailand’s tourism sector, which saw a 5% decline in 2025. By bridging global crypto capital with tangible spending opportunities, Thailand is positioning itself at the forefront of digital financial integration.
The Rise of Crypto Payments in a Digital Economy
The TouristDigiPay initiative will enable tourists to convert cryptocurrencies into baht effortlessly, removing the need for cash handling. Although direct crypto payments are not yet available, the system offers a seamless crypto-to-fiat conversion process. Merchants will receive payments in Thai baht, while tourists benefit from an uncomplicated crypto exit strategy.
Monthly spending limits and strict identity verification and anti-money laundering protocols ensure the program’s compliance with regulatory standards, balancing convenience with security.
The Global Shift towards Digital Remittances
This initiative is not just a local experiment to counteract the decline in Thailand’s tourism industry; it mirrors a larger global trend. Across the Asia-Pacific region, mobile remittances are rapidly expanding. In countries like India, the Philippines, and Singapore, over 70% of users prefer digital apps for sending and receiving remittances.
According to Chavi Jafa, Senior Vice President, Head of Commercial and Money Movement Solutions APAC at Visa, “The clear shift to app-based remittances reflects the region’s demographics, the growing prominence of digital payment modes, as well as user preferences for easy, safe, and quick ways to send and receive money.”
Top Cryptocurrencies to Watch
As Thailand facilitates more accessible digital payments, cryptocurrencies are being recognized as more than just speculative assets. The blockchain promises to be a transformative force in the future of financial technology. In this evolving landscape, certain altcoins are positioned to offer substantial returns.
1. Best Wallet ($BEST): The Non-Custodial Payment Solution
Non-custodial wallets are gaining traction as consumers seek greater privacy and control. Best Wallet ($BEST) stands out as a leading project with its non-custodial ecosystem, offering more than just a wallet. With over 250K users and positive reviews on both iOS and Android, it is a project to watch in this niche.
Key features include:
- Cross-chain swaps across 90+ blockchains, 330 DEXs, and 30 bridges
- Biometric and MPC security, eliminating seed phrases
- Fiat on/off ramps, in-app trading tools, and a presale launchpad
- Governance features using the native crypto Best Wallet Token ($BEST)
The $BEST token is currently in presale at $0.025505 per unit, with over $15 million raised so far. Early supporters enjoy a dynamic staking APY of 90%, contributing to a presale buying frenzy. With features like an address book, crypto payment card, NFT gallery, and DCA tools on the roadmap, Best Wallet aims to become a primary gateway for everyday crypto users and travelers.
2. Bitcoin Hyper ($HYPER): Enhancing Bitcoin’s Functionality
Bitcoin Hyper is an L2 chain that enhances Bitcoin by making it programmable, fast, and cost-effective, while retaining its security. This is particularly significant given Thailand’s efforts to make crypto usable. Bitcoin Hyper ($HYPER) employs a roll-up architecture with native Solana Virtual Machine (SVM) support, allowing developers to create Solana-based dApps that settle on Bitcoin.
Recent updates have been promising, with full SVM deployment confirmed for August 2025. The $HYPER token is currently available for $0.012775 during the presale phase, attracting strategic investors with high staking yields. The presale has already surpassed the $11 million mark.
3. Ethereum ($ETH): The Foundation of Smart Contract Development
Ethereum remains a cornerstone of smart contract development, hosting the majority of major dApps, from DeFi to NFTs. With ETH currently trading around ~$4,290, it presents potential upside despite being below its all-time high. Ethereum’s long-term credibility and network effect make it a vital component of any infrastructure-focused portfolio.
Thailand Pioneers a Payments Revolution
Thailand’s development of infrastructure for digital asset payments could significantly influence how cryptocurrencies become integrated into daily life. Projects with real-world utility and a long-term vision are poised to benefit the most. While $ETH remains a foundational layer, $BEST and $HYPER offer low entry points through their ongoing presales, shaping the future of practical crypto use.
For more information, visit the source: https://disruptafrica.com/2025/08/21/thailand-crypto-tourism-pilot-here-are-the-coins-worth-watching/
