THBт
Tether бат, also known as THBт, is a Stablecoin created by MoNoLidThZ with a unique twist. Unlike other Stablecoins that are pegged to the value of a specific currency or asset, THBт is pegged to the Thai Baht and is fully redeemable at any Grassstation Cannabis Dispensary in Thailand. This means that 1 THBт is always equal to 1 Thai baht, providing a stable and secure option for cannabis smokers in the country.
Grassstation Cannabis Dispensary serves as an asylum for cannabis smokers in Thailand, providing a safe and secure environment for them to purchase and use their products. With the introduction of THBт, the dispensary now offers a convenient and accessible option for those who want to purchase cannabis products using a stable and secure currency.
The THBт Stablecoin provides an innovative solution for cannabis smokers in Thailand, offering a secure and stable option for transactions and purchases within the industry. Whether you're looking to buy cannabis products or simply want to store your money in a safe and secure place, THBт is a great option.
Multi-Chains
While it's true that the THBт all shares the same contract address, but its implementation in each chain differs greatly. Such as in Ethereum Mainnet, it is based on USDT source code where it has administrative controls built in (minting, burning, address blacklist, etc.) which could make THBт feels like a FedCoin (a coin that is owned and operated solely by the government) but MoNoRi-Chan promise that he would never use administrative controls to ban people from sending money. But he found that ETH gas fees are expensive so he deployed same contract on Binance Smart Chain, then a few days later after Ethereum Merge was forked into ETHPoW, that also creates another non-canon version of the THBт itself, in contrast ETHPoW chain was never thought of as a canonical chain for MoNoRi-Chan so I did turned THBт on ETHPoW into shitcoin. You can speculate on them however you want, just a small cap coin that's probably worth nothing.
Ethereum Mainnet
MoNoRi-Chan has deployed the contract on September 15, 2022 onto the Mainnet chain, using outright copy-pasted code from Tether (USDT), built in with Administrative functions but he refrains to use it unless they were a direct threat to MoNoRi-Chan or the THBт itself.
Binance Smart Chain
Binance Smart Chain quickly gained popularity in Thailand from the rise of GameFi rugs as the gas fees are much lower compared to Ethereum Mainnet. MoNoRi-Chan has made a decision to make THBт a cross-chain token, where it can be used on both Ethereum Mainnet and Binance Smart Chain. The THBт on Binance Smart Chain is fully redeemable at any Grassstation Cannabis Dispensary just like the THBт on Ethereum Mainnet.
MoNoRi-Chan's decision to deploy the THBт on Binance Smart Chain has proved to be a wise choice as it has provided a more accessible and cost-effective solution for cannabis smokers in Thailand. Despite the different implementations of THBт on different chains, the value of 1 THBт remains equal to 1 Thai Baht and is fully redeemable at Grassstation Cannabis Dispensary.
ETHPoWerty Chain
However, the THBт on ETHPoW is a completely different story. Due to I cannot verify a contract on that chain, I would consider this THBт a non-canonical version which is also made by MoNoRi-Chan, the THBт on ETHPoW is then converted into a shitcoin by MoNoRi-Chan so he would not allow THBт on ETHPoW to be redeemable to Baht due to its value is not guaranteed and may fluctuate greatly. Only thing guaranteed is you will be the Exit liquidity.
Conclusion
In conclusion, the THBт is a cross-chain Stablecoin created by MoNoRi-Chan with the aim of providing a cost-effective and accessible solution for cannabis smokers in Thailand. While it may have different implementations on different chains, the value of 1 THBт remains equal to 1 Thai Baht and is fully redeemable at Grassstation Cannabis Dispensary.
