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Phyrex
Phyrex|Jul 28, 2025 15:41
I have been keeping an eye on the cryptocurrency market in Vietnam recently, mainly because Vietnam has taken the first step towards cryptocurrency compliance. Secondly, due to certain reasons, Vietnam has a large number of cryptocurrency enthusiasts and holders, and promoting cryptocurrency in Vietnam will relatively reduce resistance. Especially for RWA, Vietnam has long been a major base for reaping the sickle, which has caused great suffering for many Vietnamese investors. In addition, the depreciation of the Vietnamese fiat currency (relative to the US dollar) (about 3% by 2025) has also caused the assets of ordinary people to shrink. However, RWA is most suitable for the depreciation of this fiat currency relative to the US dollar. Moreover, Vietnam is a typical currency control country, and it has a strict foreign exchange management system. If it can access dollars and dollar assets through RWA, then for ordinary people, on the one hand, it can reduce the depreciation of assets in hand, and on the other hand, it can get much more than the domestic bond yield. Yes, Vietnam's treasury bond yield is currently lower than the US debt. So relatively speaking, the Vietnamese market will be an important stop for cryptocurrency and RWA, and there will be opportunities to attract a large amount of private capital. If @ luminance network can make efforts in Vietnam, it is likely to have unexpected gains.
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Aug 12, 12:37【Vietnam achieves three breakthroughs to promote the development of digital assets】

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