Da Nang expands USDT-to-dong pilot to airport, golf courses and resorts
- —Basal Pay sandbox widened from 3 to 10 tourist areas in Da Nang
- —Limits set at under 1,000 USDT per transaction and 30,000 USDT per month
- —First year: about 10,000 sign-ups and over 15,000 transactions
- —Da Nang has approved six digital-asset conversion pilots, including TORA and UmiPay
Why it matters: Vietnam is testing a legal route to convert USDT into local fiat, potentially setting a model for stablecoin regulation across Southeast Asia.
Source: Coin68