Stablecoin trends around the world — Vietnam edition
In Vietnam, USDT (Tether) is being used explosively 🇻🇳
People say it has completely blended into everyday life and business.👇
1️⃣ A hedge against inflation in the national currency (dong) By avoiding limits on purchasing foreign currency, it’s used for asset preservation as a “convenient digital US dollar.”
2️⃣ Strong national interest in crypto Assets Ranked among the top tiers globally on Chainalysis’s adoption index. Especially among younger people, investing has become part of everyday culture.
3️⃣ A way to handle international remittances (offshore work / migrant work) It helps avoid high bank fees and delays, receiving overseas remittances instantly via P2P.
4️⃣ The benchmark currency for crypto trading It serves as the main currency with overwhelmingly high liquidity for buying Bitcoin and altcoins.
5️⃣ Instant cash-out in the P2P market Through services like Binance P2P, USDT ↔ local bank accounts (dong) trades are a routine part of daily life.
6️⃣ Receiving overseas compensation for IT / freelancing Talented engineers and creators receive foreign-currency payments from overseas clients.
Note: Due to central bank regulations, “direct payments” at store checkouts, etc., are not allowed.
💡TRON (TRC-20), the foundation that powers it all
Supporting these massive person-to-person transfers behind the scenes is TRON. It has become fully embedded as real-life payment infrastructure thanks to its “ultra-low fees (about $1–2)” and “instant settlement in a matter of seconds!”
@Justin Sun孙宇晨
@TRON DAO
#TRONGlobalFriends
#TGF
#TRON
In Vietnam, USDT (Tether) is being used explosively 🇻🇳
People say it has completely blended into everyday life and business.👇
1️⃣ A hedge against inflation in the national currency (dong) By avoiding limits on purchasing foreign currency, it’s used for asset preservation as a “convenient digital US dollar.”
2️⃣ Strong national interest in crypto Assets Ranked among the top tiers globally on Chainalysis’s adoption index. Especially among younger people, investing has become part of everyday culture.
3️⃣ A way to handle international remittances (offshore work / migrant work) It helps avoid high bank fees and delays, receiving overseas remittances instantly via P2P.
4️⃣ The benchmark currency for crypto trading It serves as the main currency with overwhelmingly high liquidity for buying Bitcoin and altcoins.
5️⃣ Instant cash-out in the P2P market Through services like Binance P2P, USDT ↔ local bank accounts (dong) trades are a routine part of daily life.
6️⃣ Receiving overseas compensation for IT / freelancing Talented engineers and creators receive foreign-currency payments from overseas clients.
Note: Due to central bank regulations, “direct payments” at store checkouts, etc., are not allowed.
💡TRON (TRC-20), the foundation that powers it all
Supporting these massive person-to-person transfers behind the scenes is TRON. It has become fully embedded as real-life payment infrastructure thanks to its “ultra-low fees (about $1–2)” and “instant settlement in a matter of seconds!”
@Justin Sun孙宇晨
@TRON DAO
#TRONGlobalFriends
#TGF
#TRON
