Regulation· ★★★· neutral·

Circle: Vietnam's stablecoin opportunity is cross-border, not domestic payments

  • —Vietnam ranks fourth globally in grassroots crypto adoption, with 17–21 million asset holders
  • —Inbound remittances exceeded $16 billion in 2025, over $10 billion of it into Ho Chi Minh City
  • —Cross-border settlement can take days due to correspondent banking and FX clearing cycles
  • —Crypto is legally property since Jan. 1, 2026, but its use as payment remains restricted
Why it matters: Circle is flagging real demand for digital dollars in settlement, but Vietnam's rules still bar stablecoins as a general means of payment.
#USDC
Source: Blockchain.News
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