Statter Network is the world’s first full-service public blockchain platform for the metaverse ecosystem. It aims to build a high-performance and high secure infrastructure for metaverse developers, creators and players.
Centering on the infrastructure positioning, Statter innovatively created drag-and-drop technology for public blockchain generation, with which developers could build new public blockchains as easily as playing with LEGO. The drag-and-drop public blockchain generation technology satisfies metaverse application's demands for a multi-functional public blockchain; research and develop DID aggregation protocols to achieve interoperability of cross-chain digital identities; with the scalability of Sharding and DAG technology, it achieves 100,000 TPS on the main chain and transactions are confirmed within seconds; adopts a multi-layer structure with high cohesion and low coupling; and supports parallel multi-chain and multi-consensus.
Statter is an open ecosystem and platform that offers infrastructure connections in the plugin App market for 3D engines, GIS, edge computing, edge rendering, decentralized storage, digital twin, and computer vision, among others. Statter provides comprehensive services for developers to construct the metaverse from fundamental theory to a realm beyond reality by utilizing drag-and-drop technology for public blockchain generation, based on the multi-chain operation platform and the metaverse plugin App Market.
THB information
About the Thai Baht (THB)
What Is the Thai Baht (THB)?
The Thai Baht (THB), symbolized as ฿, is the official currency of the Kingdom of Thailand. The term "Baht" refers to both the currency itself and a unit of weight for gold, which is traditionally used in Thailand. The currency is divided into 100 smaller units known as satangs. The Thai Baht is the sole legal tender in Thailand, and it is used for all transactions within the country.
The Thai Baht is issued by the Bank of Thailand, which is the central bank of Thailand. The Bank of Thailand is responsible for the printing and minting of banknotes and coins, respectively, as well as for managing the country's monetary policy and maintaining the stability of the national currency. The Bank of Thailand was established in 1942 and has since been the sole authority for issuing the Thai Baht.
What Is the History of THB?
The baht, one of the oldest currencies, dates back to the 13th century. Originally based on a unit of mass (15 grams of silver), it transitioned to a decimal-based system in the late 19th century. The baht's value was once pegged to various currencies, including the British pound, Japanese yen, and the US dollar, before floating freely in the foreign exchange market post-1997 Asian Financial Crisis.
Notes and Coins of THB
Coins come in denominations of 1, 5, 10, 25, and 50 satangs, as well as ฿1, ฿2, ฿5, and ฿10. Banknotes are issued in denominations of ฿20, ฿50, ฿100, ฿500, and ฿1,000. Each banknote features a portrait of the country’s King, King Maha Vajiralongkorn, on the obverse side, and images of preceding rulers on the reverse.
Economic Significance
Despite political unrest, the Thai baht was one of the best-performing currencies in the forex market as of now. Thailand's economy, heavily reliant on exports (computers, electrical appliances, textiles, jewelry), fishing, agriculture, and tourism, accounts for about 66% of its GDP. The baht's strength reflects Thailand's economic growth, which, despite a slowdown post-1997, has significantly reduced poverty and elevated the country to an upper-middle-income status.
Exchange Rate and Value
Historically, the baht's value has seen significant shifts. For instance, during the 20th century, it fluctuated between 11 and 22 baht per British pound and was pegged at 20 baht = 1 USD in the mid-1950s, adjusting to 25 baht = 1 USD during the Reagan presidency. Post-1997 crisis, the USD/THB rate soared to 56 baht per USD, but as of 2024, it stabilized around 35 baht per USD.
Is THB Pegged to USD?
The Thai Baht (THB) is not pegged to the US Dollar (USD). Thailand adopted a floating exchange rate system for the Baht following the Asian Financial Crisis in 1997. Prior to this crisis, the Baht was pegged to the US Dollar, but the peg was abandoned in response to the financial pressures and economic conditions of the time.
Under the floating exchange rate system, the value of the Thai Baht is determined by market forces, primarily supply and demand dynamics in the foreign exchange market. This means that the Baht's exchange rate against the US Dollar and other currencies can fluctuate based on a variety of economic factors, including Thailand's economic performance, interest rates, inflation, and global economic conditions.
STT to THB conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ฿8.13 | 0.0200% / 0.0320%VIP 7 | |
Huobi | ฿8.14 | 0.1000% / 0.1000% | Yes |
Gate.io | ฿8.16 | 0.1000% / 0.1000% | Yes |
How to buy Statter Network
Buy STT (or USDT) for THB (Thai Baht) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell STT (or USDT) for THB (Thai Baht) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Statter Network to Thai Baht?
Statter Network to Thai Baht is falling this week.Conversion tables
The exchange rate of Statter Network is decreasing.STT to THB
THB to STT
Today vs. 24 hours ago
Amount | 03:28 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 STT | $0.1201 | $0.1203 | -0.18% |
1 STT | $0.2402 | $0.2407 | -0.18% |
5 STT | $1.2 | $1.2 | -0.18% |
10 STT | $2.4 | $2.41 | -0.18% |
50 STT | $12.01 | $12.03 | -0.18% |
100 STT | $24.02 | $24.07 | -0.18% |
500 STT | $120.11 | $120.33 | -0.18% |
1000 STT | $240.23 | $240.66 | -0.18% |
Today vs. 1 month ago
Amount | 03:28 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 STT | $0.1201 | $0.1541 | -22.09% |
1 STT | $0.2402 | $0.3083 | -22.09% |
5 STT | $1.2 | $1.54 | -22.09% |
10 STT | $2.4 | $3.08 | -22.09% |
50 STT | $12.01 | $15.41 | -22.09% |
100 STT | $24.02 | $30.83 | -22.09% |
500 STT | $120.11 | $154.15 | -22.09% |
1000 STT | $240.23 | $308.3 | -22.09% |
Today vs. 1 year ago
Amount | 03:28 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 STT | $0.1201 | $0.7183 | -83.29% |
1 STT | $0.2402 | $1.44 | -83.29% |
5 STT | $1.2 | $7.18 | -83.29% |
10 STT | $2.4 | $14.37 | -83.29% |
50 STT | $12.01 | $71.83 | -83.29% |
100 STT | $24.02 | $143.66 | -83.29% |
500 STT | $120.11 | $718.29 | -83.29% |
1000 STT | $240.23 | $1,436.57 | -83.29% |
Statter Network price prediction
What will the price of STT be in 2025?
What will the price of STT be in 2030?
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