May 28, 2024

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Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht

1 min read
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
Bank of Thailand Tests Potential of a Retail CBDC, the Digital BahtThe Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution. The project tested the digital version of the Baht and its potential for financial innovation, delivering key lessons on the capabilities of a CBDC in supporting multiple online and offline […]