The latest move by the Bank of Thailand is solid—stablecoins are finally headed toward a proper payments route, and the room for imagination in carbon credits plus green finance is substantial.

According to The Nation, the Bank of Thailand (BoT) is preparing to develop regulatory guidelines for Thai baht stablecoins, with official rules expected to be released sometime in 2026 or in early 2027. The report says that the stablecoin framework is mainly intended to improve payment and settlement efficiency rather than to function as a speculative digital asset. The Bank of Thailand is also exploring its use in carbon credit markets and green finance products, and plans to gradually allow commercial banks and financial institutions to expand stablecoin and digital-asset-related businesses.