Odaily Planet Daily reported that the Thai Commercial Bank (SCB) and its fintech arm SCB 10X have teamed up to launch the Thai baht stablecoin THBX! 🎉 This stablecoin adopts Singapore's Purpose Bound Money concept, adding conditions to the currency through smart contracts, which is very innovative. THBX and Rubie Wallet are currently running in the sandbox pilot of the Bank of Thailand and the Securities and Exchange Commission of Thailand, and are designed for foreign tourists attending the Ethereum Devcon event. Users can easily pay through QR codes at about 100 merchants. Although the market is changing, Bitcoin is still a star in the crypto world! 🌟