THAT (THAT): Uses, Supply and Risks

THAT is a digital currency project focused on everyday payments. Its stated model combines a non-custodial wallet with a directory of participating businesses, aiming to let users make peer-to-peer transfers and pay merchants on-chain. The project describes transactions as settling within seconds and presents its goal as making crypto payments easier to use while keeping users in control of their funds.

Public sources do not specify whether THAT is required for every payment in the wallet, whether merchants can accept other assets, or whether the token has additional functions such as governance or staking. Those uses should not be assumed. In practice, the usefulness of a payment token depends on wallet access, participating merchants, transaction costs and local rules, not just the stated design. Before relying on THAT for a purchase, check that the wallet and merchant support the token on the same network and confirm the amount and fees shown at checkout.

THAT is issued on Polygon and Ethereum, according to public information. It is not identified as the native coin of either network. This distinction matters: users need to choose the correct network when receiving or sending the token, and a wallet or exchange may support THAT on one network but not the other. A transfer sent to an unsupported network or address may be difficult or impossible to recover.

The project description presents THAT as a means of payment for peer-to-peer transfers and in-store purchases through its wallet and business directory. It does not provide technical details about the token standard, contract addresses, transaction-fee arrangements or cross-chain transfers. Verify the official contract and network information through the project’s own trusted channels before moving funds. Do not rely on a token name or ticker alone, since unrelated assets can use the same label. Polygon and Ethereum transactions also require the relevant network’s gas token to pay transaction fees.

THAT has a maximum supply of 3.3 billion tokens. The reported circulating supply is about 1.58 billion, with the remainder not counted as circulating in that figure. Public sources do not explain the release schedule, allocation of the non-circulating tokens, or whether any tokens can be burned. These details can affect how supply changes over time, so the maximum supply alone does not describe how many tokens may enter circulation in the future.

As of 2026-11-05, THAT’s market capitalization was about $3.5 million and its fully diluted valuation was about $7.3 million. Its reported price was about $0.0022. These are time-sensitive market figures, not stable properties of the token, and they can change with trading activity and circulating supply. A small market capitalization or low unit price does not establish that a token is cheap or likely to rise. Market depth and available trading venues can also affect the price a person receives when buying or selling.

THAT carries the usual risks of a crypto asset, including price volatility, limited liquidity, smart-contract or wallet vulnerabilities, and the possibility that a project or its merchant network may not develop as intended. A payment-focused design does not guarantee that participating businesses are available in a user’s area or that transactions can be reversed if sent to the wrong address. The project information here does not establish the token’s audit status, security guarantees or legal treatment in each location.

For self-custody, use a wallet that explicitly supports THAT on the network you intend to use. Keep recovery phrases offline and private; anyone who obtains them may control the wallet. Check the destination address, network, token contract and transaction fee before confirming a transfer. Avoid sharing recovery phrases or signing transactions you do not understand. If using a custodial service, review its withdrawal and custody terms. Only use funds you can afford to lose, and check local rules before using crypto for payments.