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Inbound and outbound stablecoin transfers would each face a limit of about $151,000 per person, per regulated digital asset operator, per day in a consultation opened by Thailand's SEC. Deposits and withdrawals would also have to originate from and go to accounts or wallets verified as belonging to the same customer.
Why it matters
The proposal ties stablecoin access through regulated operators to verified wallet ownership. Its stated aim is to reduce money-laundering and cybercrime risks, as well as attempts to circumvent cross-border transfer rules.
For users moving funds through regulated Thai operators, a wallet that cannot be verified as belonging to the same customer would not fit the proposed deposit and withdrawal framework. The consultation puts identity-linked wallet control at the center of Thailand's stablecoin policy.
Market impact
The limits would apply separately to inbound and outbound flows, with the amount measured per person, per operator and per day. That creates a defined ceiling for transfers involving the regulated operator rather than a single combined daily figure.
Transfers between Thai-regulated operators that comply with the Travel Rule would sit outside the cap. The SEC has opened a consultation, so the framework remains a proposal, but it signals tighter controls around stablecoin payments and wallet transfers in Thailand.
Frequently asked questions
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How is the proposed $151K stablecoin limit calculated?
Inbound and outbound transfers would each be capped at about $151,000 per person, per regulated digital asset operator, per day.
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What wallet-ownership check would Thailand require?
Deposits and withdrawals would have to originate from and go to accounts or wallets verified as belonging to the same customer.
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Which transfers would be exempt from the proposed cap?
Transfers between Thai-regulated operators would be exempt when the operators comply with the Travel Rule.
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What risks does the SEC say the proposal targets?
The SEC says the rules aim to reduce money laundering, cybercrime and circumvention of cross-border transfer rules.
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Are the stablecoin limits already final?
No. The SEC has opened a consultation, so the limits remain proposed rather than final requirements.
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