WORPT
RISE PLUS has invested in WORPT, an app for foreign tourists who want to convert USDT and USDC into Thai baht to pay for goods and services in Thailand by scanning Thai QR PromptPay.
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What is WORPT?
WORPT is a payment app for foreign tourists visiting Thailand. Users deposit a stablecoin supported by the app (currently USDT and USDC), then convert it into Thai baht in the app and spend it at merchants that accept Thai QR PromptPay.
Merchants receive baht through their existing payment system, so they do not need to accept crypto themselves. The page states that WORPT operates under the Tourist DigiPay Regulatory Sandbox and is the first app in Thailand to launch under this program.
How it works
Sign up and verify your identity
Create an account and complete the KYC (Know Your Customer) process once
Deposit crypto
Connect a digital wallet, then deposit USDT or USDC into the app
Convert to baht
Convert the stablecoin into Thai baht, then top up your spending balance
Spend
Scan a Thai QR code at a shop, or use a WORPT Visa Prepaid card to pay once the card becomes available
Image from WORPT
WORPT’s investor and developers
| Company | Role and oversight |
|---|---|
| Rise Plus Co., Ltd. | Investor |
| Waan Exchange Co., Ltd. (Waanx) | Digital-asset exchange and broker. The page states that it is licensed by Thailand's Securities and Exchange Commission (SEC) and approved to participate in the sandbox |
| Wipay Co., Ltd. (Wipay) | Electronic-money (e-Money) provider. The page states that it is regulated by the Bank of Thailand |
What is Tourist DigiPay?
A regulatory sandbox opened by Thailand's Securities and Exchange Commission (SEC) together with other regulators in 2025. It allows foreign tourists temporarily staying in Thailand to convert digital assets into Thai baht to pay for goods and services through Thai QR.
According to the page, providers in the program must verify users under the criteria of Thailand's Anti-Money Laundering Office (AMLO) and check the source of the digital assets being converted.
What's next
According to the announced plan
According to the plan, it will use the same baht balance as PromptPay, with no transfers between channels
According to the plan, the card will be used for payments in shops and online
Follow WORPT
| Website | www.worpt.com |
| WORPT | |
| @worpt_official | |
| TikTok | @worpt_official |
| support@worpt.com |
WORPT is a RISE PLUS investment, developed and operated by Waanx and Wipay. The information on this page is not advice or an invitation to trade or invest in digital assets. Trading digital assets carries high risk.