THBS Stablecoin – Thai Baht-Pegged Digital Currency for Secure, Low-Volatility Transactions

What is THBS?

THBS is a stablecoin pegged 1:1 to the Thai Baht (THB), offering a digital form of the national currency with the speed, security, and transparency of blockchain technology. Designed for everyday use, THBS enables fast, low-cost transactions and cross-border transfers while maintaining a stable value tied to the Thai Baht. It's ideal for trading, saving, or sending money—bringing the benefits of crypto to the Thai economy and beyond.

Getting started

01 Choose your wallet

A wallet is necessary for people wanting to use, trade, or hold THBS. You can pick a wallet

02 Configure your wallet

After downloading, you can configure your wallet according to our

03 Get some THBS

There’s lots of ways to get your hands on some THBS.

Do Only Good Everyday.

What are THBS Tokens?

THBS Tokens are digital assets that move across blockchains just like other cryptocurrencies—but are pegged 1-to-1 with the Thai Baht (THB), offering the benefits of blockchain with the stability of a national currency.
THBS is known as a stablecoin because its value is tied to fiat, providing users with a low-volatility alternative for transacting, saving, or trading in the digital economy.
Every THBS Token is backed 1-to-1 with Thai Baht and fully supported by THBS reserves, ensuring trust and value preservation at all times.
As part of our commitment to transparency, THBS regularly publishes updates about token circulation and reserves, helping users stay informed and confident in the stability of the THBS ecosystem.

Who can use THBS Tokens?

Tether Tokens enable businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use fiat currencies on blockchains. Some of the largest businesses in the digital currency ecosystem have integrated Tether Tokens.
Individuals can also use Tether-enabled platforms to transact with Tether Tokens.

How are THBS Tokens created?

THBS Tokens are created through a secure process involving multiple THBS private authorization keys that sign and broadcast token creation transactions on the designated blockchain. When created, these tokens are “authorized but not yet issued”—meaning they are held in the THBS treasury and are not in circulation.
THBS Tokens are only “issued” when they are transferred out of the treasury, typically to a user or institution that acquires them through an official platform.
To ensure maximum security, THBS uses a multi-signature (multi-sig) model, which requires multiple authorized parties to approve token creation. This prevents any single individual from issuing tokens alone, eliminating a single point of failure and reducing the risk of misuse.

Why are THBS Tokens burned?

THBS Tokens may sometimes be burned to reduce the number of authorized tokens on a specific blockchain. This typically occurs when users redeem THBS for Thai Baht, removing the tokens from circulation.