2026-01-15 11:37:06

The penetration rate of stablecoin payments in the Vietnamese market has reached 97.17%, covering the vast majority of daily consumption scenarios. Conversely, users outside the US dollar economic circle, even for cross-border transfers of just 200 yuan, are subject to additional fees.

This reflects more than just differences in payment costs. The true value of stablecoins lies in: when you are within the US dollar economic system, they become a quick channel to bypass traditional financial institutions; conversely, if your economic activities are primarily denominated in other currencies, the appeal of stablecoins diminishes significantly. The ecosystem's acceptance determines the practicality of the tool.

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MEVSandwichMaker

· 01-18 07:08

Vietnam's data is really exaggerated, 97%? Need to verify if it's just marketing numbers... Cross-border transfers of 200 yuan still require fees, traditional finance is just that outrageous. Whether stablecoins are popular or not still depends on the ecosystem. If no one uses them, they're just trash. It's definitely comfortable within the US dollar system, but global promotion? The difficulty is huge. The acceptance of the ecosystem is a valid point; no matter how strong the technology is, people need to buy in. Is Vietnam really that high in penetration? Feels like there's a lot of water in that number. From another perspective, stablecoins are only really useful within the US dollar circle; elsewhere, they're just decorations.

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InscriptionGriller

· 01-18 06:54

Vietnam's 97% penetration rate is an ecological self-consistency. Outside the US dollar system, they basically don't care about this. Stablecoins, to put it simply, are still just tools for the US dollar.

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GasFeeTears

· 01-15 12:04

Vietnam's 97% really went crazy, what about us? Crossing borders with 200 yuan still gets you cut... Stablecoins, to put it simply, still depend on whether the ecosystem accepts them. If no one uses them, no matter how awesome they are, it's useless. The wall of traditional finance, if someone bypasses it and we're still throwing money in, it's a bit speechless. Ecosystem acceptance determines everything. There's no doubt about that... but when can we catch up?

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GasFeeCrybaby

· 01-15 12:03

Vietnam's data is truly impressive. A 97% penetration rate sounds exaggerated, but considering those who got cut by traditional banks, stablecoins are indeed attractive. Transferring 200 dollars cross-border and getting gouged is really outrageous. But on the other hand, it depends on whether the ecosystem accepts it or not. If no one uses it, it's all pointless.

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GateUser-bd883c58

· 01-15 11:57

Vietnam's 97% penetration rate, this number is indeed incredible... Looking at it from another perspective, whether stablecoins can succeed still depends on whether the local ecosystem cooperates. The cross-border payment fees really make people annoyed, but ultimately it depends on whose economic system is involved; only then can it be enjoyable within the dollar circle. Acceptance of the ecosystem is key; no matter how powerful the tools are, they are useless if no one uses them. Wait, is the 97% in Vietnam really true? The data seems a bit suspicious. The story of stablecoins bypassing traditional finance sounds good, but in reality, isn't it just the already-in crowd that truly benefits?

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down_only_larry

· 01-15 11:49

Vietnam's data is really impressive, but to be honest, it's just a lack of options. Traditional finance's inadequacy has driven such a high penetration rate.

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ConsensusDissenter

· 01-15 11:45

Are these numbers in Vietnam real? 97%? Feels made up... But a 200-dollar fee is indeed outrageous, traditional finance should die.

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