THBT - Thai Baht TrueMoney. It is a digital token issued by TrueMoney Co., Ltd. on the public Base blockchain, with its value pegged 1:1 to the Thai Baht. Every THBT token issued is backed 100% by fiat currency securely held in bank accounts, with regular audits conducted to ensure transparency and stability. THBT is a pilot project under the Programmable Payment testing in the Enhanced Regulatory Sandbox, operating from August 4, 2025, to December 31, 2026. The project is limited to 20,000 users throughout its duration, with a maximum issuing limit of 10,000 tokens per user per month.

True Money Co., Ltd. is the issuer of Thai Baht TrueMoney [THBT] under the Programmable Payment testing project in the Enhanced Regulatory Sandbox.

THBT is developed on the Base chain, and has been fully audited by external assessors.

1 THBT is equivalent to 1 Thai Baht. Once users successfully register for the THBT service, they can issue or withdraw THBT via the TrueMoney app. During this pilot period, the company will not charge any fees. When withdrawing THBT, users will receive the full amount back in Thai Baht based on the quantity of THBT they wish to withdraw.

Users can issue or withdraw THBT tokens via the TrueMoney application. Registration for the service is available from August 4, 2025, to December 31, 2026. Please note that the total number of users throughout the project is limited to 20,000.

Participants must meet the following criteria specified by the company:1) Thai and foreign nationals who successfully complete the KYC (Know Your Customer) process via the TrueMoney app in accordance with the specified conditions.2) Register for the service via the TrueMoney application in accordance with the specified conditions.You can register for the service under "THBT" within the TrueMoney app between August 4, 2025, and December 31, 2026.(Search for "THBT" in the app to find the service)Note: Participation is limited to 20,000 users throughout the duration of the project

User Registration- Applicants: Max 20,000 users for the entire project.- Account Limit: 1 wallet per user (verified by National ID/Passport). Users cannot change their Web3 wallet address throughout the project period.Issuing & Withdrawals- Issuing : Max 10,000 THBT per user/month.- Withdrawals: Unlimited.- Total Supply: Max 200,000,000 THBT in circulation across the system per month.Token Swaps- Allowed Assets: Restricted to approved tokens within the sandbox framework (USDT, USDC, EURC, XSGD, AUDD, THBK)- Maximum swap THBT to Other Tokens: Max 10,000 THBT per user/month.- Maximum swap other Tokens to THBT: Max 10,000 THBT per user/month.

THBT supports the following transactions:1) Buy Discounted Digital CouponsPurchase digital coupons at special prices via the THBT Store (https://THBTStore.net).Provided by Ascend Bit Co., Ltd. under the Digital Asset Regulatory Sandbox.2) Token SwapsSwap THBT with other approved tokens via https://Bahtswap.net.Supported tokens include: USDT, USDC, EURC, XSGD, AUDD, and THBK.Provided by Ascend Bit Co., Ltd. under the Digital Asset Regulatory Sandbox.3) Peer-to-Peer (P2P) TransfersTransfer THBT between the 20,000 whitelisted sandbox participants directly via the TrueMoney application.

Yes, THBT is designed with high security and transparency:100% Fiat-Backed: Every THBT is fully backed by Thai Baht deposited in local financial institutions.Regular Audits: Reserves are constantly verified for transparency. You can view the Reserves Report at https://THBT.net.Security Audited: The platform has been tested and audited by external security experts to ensure it meets strict industry standards.

Accessing the ServiceRegister for the service under "THBT" within the TrueMoney app (or search for "THBT" in the app search bar).Step-by-Step Guide1) Open the THBT service on the TrueMoney app.2) Complete the registration according to the specified conditions.3) Set up your Web3 Wallet.4) Enter the amount of Thai Baht from your TrueMoney balance you wish to exchange.5) The system will deduct funds from your TrueMoney account and transfer THBT to your Web3 Wallet.6) Check your THBT balance directly within the TrueMoney app.Note: Issuing is limited to a maximum of 10,000 THBT per user per month.

Users can swap THBT with the following 6 digital tokens: USDT, USDC, EURC, XSGD, AUDD, THBK

Accessing the ServiceYou can access this feature under the "THBT" service in the TrueMoney app (or search for "THBT" in the app search bar).Step-by-Step Withdrawal Process1) Open the THBT service and select the "Withdraw" menu.2) Enter the amount of THBT you wish to withdraw back into Thai Baht.3) The specified amount of THBT will be automatically withdrawn and credited as Thai Baht directly into your TrueMoney wallet balance.

No. During the sandbox testing period, there are no fees or service charges for issuing or withdrawing THBT.

Yes. The company plans to distribute THBT when users complete activities according to the specified conditions. You can stay updated and check details under the "THBT" service within the TrueMoney app (or search for "THBT" in the app search bar).

Project End Date: The THBT testing period will officially conclude on December 31, 2026. Users are highly recommended to withdraw their THBT back into Thai Baht before the project ends.Automatic Refund: If you still have remaining THBT after the conclusion, the company will automatically withdraw all THBT from your Web3 Wallet, convert them into Thai Baht, and credit them back to your registered TrueMoney account within 30 business days after the project ends.Project Changes: In the event that the company needs to terminate or extend the testing period (either before or after December 31, 2026), users will be notified through official public relations channels at least 30 days in advance prior to any service suspension.

What is a Web3 Wallet?A Web3 Wallet is a digital wallet used for storing and transacting digital assets on the blockchain. You have absolute control and sole authority to approve transactions—even TrueMoney cannot perform actions on your behalf.How to Register for a Web3 Wallet:1) Select "Create Web3 Wallet" within the THBT service on the TrueMoney app.2) Verify your identity with the OTP sent to the phone number linked to your TrueMoney account.3) Confirm the connection between your Web3 Wallet and TrueMoney account. Your wallet is now ready to use.Can I create or change my Web3 Wallet later?1 Account = 1 Wallet: During this Sandbox testing phase, you can link only one Web3 Wallet to your TrueMoney account. Once linked, it cannot be changed

Existing Phase 1 users have two options for transitioning into Phase 2:Option 1: Migrate to a New Web3 Wallet (Recommended)Grants access to all THBT features, including full functionality.Option 2: Continue Using the Original WalletYou can still view transaction history, swap digital assets via Bahtswap.net, and redeem coupons or privileges via THBTStore.net as usual.Restriction: You cannot issue or withdraw THBT. These features are strictly restricted to the new Web3 Wallet.How to Migrate Your Wallet1) Open the THBT service in the TrueMoney app.2) Tap the "Migrate Wallet" banner.3) Once completed, your remaining THBT balance will be automatically transferred from your old wallet to the new one in accordance with the company's terms.

The THBT Store is a platform where you can purchase digital coupons using Thai Baht TrueMoney (THBT) as the payment medium. This service is provided by Ascend Bit Co., Ltd. under the Digital Asset Regulatory Sandbox.Step-by-Step Guide1) Select Your Coupon- Open the THBT service in the TrueMoney app and select the marketplace banner.- Browse and select the product or service coupon you want to purchase.2) Confirm Payment with THBT- Confirm the transaction to purchase the coupon using THBT through your linked Web3 Wallet.3) Receive Your Coupon- Once the transaction is successful, your coupon will be saved under the "My Coupons" menu. You can then present this coupon at designated participating stores.

Bahtswap is a platform for exchanging THBT with other approved digital tokens permitted under the Digital Asset Regulatory Sandbox. This service is provided by Ascend Bit Co., Ltd.You can access the platform via https://Bahtswap.net.Step-by-Step Guide1) Go to the website https://Bahtswap.net.2) Connect your Web3 Wallet.3) Enter the amount of THBT or other digital tokens you wish to swap.4) Confirm and approve the transaction through your Web3 Wallet.5) Once the swap is successful, your exchanged tokens will be automatically deposited into your Web3 Wallet.Notes- Swap Limits: Exchanging between THBT and other digital tokens is limited to a maximum of 10,000 THBT per user per month.- Network: All swap transactions are processed on the Base Chain network.

No. THBT cannot be used for direct payments at 7-Eleven or general TrueMoney merchants.It can only be used to purchase discount digital coupons on the THBT Store and swap with approved digital tokens as specified by the company. For more details, please refer to the "What can THBT be used for?" section.

No. THBT is not a stablecoin and is not cryptocurrency.It is a pilot test for "electronic data units for settlement with automated conditions" under the Bank of Thailand's Programmable Payment Framework. It operates strictly within a limited regulatory sandbox and is not available for commercial use.❌ Not a Stablecoin/Crypto: It cannot be used as a general replacement for the Thai Baht.❌ No Exchange Listings: It will not be listed on any digital asset exchanges.❌ Not for Investment: It cannot be used for speculation, investment, and pays 0% interest for holding.

No. THBT will not be listed on any digital asset exchanges.It is strictly a technical pilot for "electronic data units for settlement with automated conditions" under the Bank of Thailand's Programmable Payment framework. It operates only within a closed regulatory sandbox and is not a commercial cryptocurrency or stablecoin.❌ Not a Stablecoin/Crypto: It cannot be used as a general replacement for the Thai Baht.❌ No Exchange Listings: It will not be listed on any digital asset exchanges.❌ Not for Investment: It cannot be used for speculation, investment, and pays 0% interest for holding.

No. Because this project is a strictly controlled pilot program with a limited scope, there are currently no open channels or APIs for external Web3 developers to participate or co-develop within this sandbox testing phase.

To register for the THBT service, users must upgrade their TrueMoney account to an "Advanced Account" Verification LocationsYou can complete this identity verification in person at any of the following locations:- 7-Eleven stores- TrueMoney Kiosks located at True Shops, True Coffee, and MRT Blue Line stations.For a step-by-step verification guide and full details, visit the TrueMoney Support Center at: https://support.truemoney.com/article-categories/kyc-process/

For service inquiries or to file a complaint, you can reach out via the following channels:https://www.ascendbit.com/thbt-contactusTrueMoney Customer Care: Call 1240Live Chat: Available directly inside the TrueMoney app or via www.truemoney.com/contact