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Thailand

Thailand Digital Thai Baht

According to Bank of Thailand disclosures and linked sources, this profile records status, architecture, and capability fields for Thailand Digital Thai Baht.

PilotSupportivehigh confidenceAsia-Pacific

Program Snapshot

Current status fields and timeline data from the profile record.

Status

PILOT

Type

RETAIL

Program classification

Wallets

Not listed

Annual Volume

Not listed

Status and Timeline

Thailand Digital Thai Baht timeline data
FieldValue
Announced2018-01-01
Pilot start2022-12-01
LaunchNot listed
Last verified2026-04-22

Availability

Retail
pilot
Wholesale
pilot

Technical Profile

Thailand Digital Thai Baht technical profile
AttributeValue
TypeRetail
Architecturetwo-tier
Access modelaccount based
Technology basedlt
Legal tenderpilot only

Capabilities

offline payments: Yes
programmability: Yes
cross border: Yes
interest bearing: No
transaction limits: Yes

Cross-Border Projects

mBridge

Role: participant

active

Recent Updates

According to the Bank of Thailand (BOT), Thailand has been exploring CBDC since 2018 with Project Inthanon, a wholesale CBDC initiative using DLT for cash tokenization, decentralized transfers, and bond tokenization. Project Inthanon-LionRock (2020) was a cross-border collaboration with the Hong Kong Monetary Authority. Project Bang Khun Phrom (end-2022 to Q3 2023) was a retail pilot limited to 10,000 participants with mobile app-based identity verification and 1:1 digital baht transfers. The BOT launched the Programmable Payment Sandbox in 2024 (expanded December 24, 2025), a Thai Baht-backed stablecoin sandbox for testing DLT, smart contracts, and condition-based payments. Thailand is a founding participant in Project mBridge since 2021, reaching MVP in mid-2024 alongside China, Hong Kong, and UAE. The government digital wallet scheme (launched August 1, 2024) is separate from BOT's CBDC initiatives. BOT has no immediate plans to issue retail CBDC officially but applies insights to programmable payments and tokenized assets. The BOT retail CBDC conclusion report remains the core official pilot source, but it does not publish a recurring national wallet or transaction series for the registry's metrics object. The registry therefore treats Thailand as an active pilot with no integrated public metrics.

Updated: Apr 22, 2026

Reference Answers

Does Thailand publish official public metrics for the digital baht?

high confidenceAs of 2026-04-21

The current registry page does not surface integrated public wallet or transaction metrics for Thailand's digital baht. The Bank of Thailand's official materials describe pilot conclusions and programmable-payment work, but not a recurring public metric series in the page dataset.

This answer is a deliberate guardrail. Thailand has meaningful official CBDC material, including pilot and sandbox conclusions, but the page should not imply that a stable public metrics series is already integrated. That distinction supports both fact-checking and search-snippet accuracy.

  • Thailand remains a pilot-status programme in the registry.
  • The Bank of Thailand has published pilot and sandbox materials.
  • The page's metrics field is still empty, so the golden answer must state that clearly.

Citations

Open Questions

  • If the Bank of Thailand later publishes official usage figures, the page should move from 'not integrated' to a sourced metric answer.

Related CBDCs

Sources

Sources

Last verified: 2026-04-22

  • Bank of Thailand CBDC Official Page

    central bank

    Primary sourceArchiveURL: brokenChecked: 2026-04-22T15:17:08.142Z
  • Retail CBDC Pilot Program – Conclusion Report

    central bank

    Primary sourceArchiveDate: 2024-04-11URL: activeChecked: 2026-04-22T15:17:07.598Z
  • Bank of Thailand Concludes Retail CBDC Pilot Programme - Fintech News

    news

    Primary sourceArchiveDate: 2024-05-08URL: activeChecked: 2026-04-22T15:17:08.665Z
  • Project mBridge: Connecting economies through CBDC - BIS Innovation Hub

    regulator

    Primary sourceArchiveDate: 2024-06-01URL: activeChecked: 2026-04-22T15:17:08.289Z
  • Thailand: Bridging Payments and Digital Assets - Regulatory Developments

    research

    Primary sourceArchiveDate: 2026-01-15URL: activeChecked: 2026-04-22T15:17:09.191Z

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