Vietnam’s stablecoin list reflects a crypto trading scene that has always been energetic and fast-moving. Over time, stablecoins have quietly taken on a central role within this space. For many Vietnamese traders, the stablecoin list isn’t just a collection of coins — it’s a daily necessity. Stablecoins help manage volatility, store value safely, and move funds quickly across both local and international platforms. Below are some of the most common questions about the stablecoin list Vietnamese traders trust and rely on today.
1. What are stablecoins and why are they important for Vietnamese traders?
Stablecoins are digital assets designed to maintain a stable value, usually tied to a fiat currency like the US dollar. In Vietnam, where many traders are active in peer-to-peer (P2P) markets, stablecoins help protect against sudden price swings and make it easier to move funds quickly. They have become a trusted way for Vietnamese traders to store value safely within the crypto space without being exposed to the volatility of coins like Bitcoin or Ethereum.
Credit from: Brookings
2. Which stablecoins are currently the most trusted in Vietnam?
Vietnamese traders tend to rely on a familiar group of stablecoins. USDT Vietnam remains the most widely used, standing out for its liquidity and ease of use. Alongside it, stablecoins like USDC, BUSD, DAI, and even Tether Gold (XAUT) have carved out their own spaces. Each of these coins serves slightly different needs, but together they form a stablecoin list that Vietnamese traders trust and use regularly.
3. Why does USDT Vietnam dominate the stablecoin list?
USDT Vietnam has become almost the default choice in many local trading circles. It’s widely accepted across platforms and is easy to buy, sell, and transfer quickly. Many Vietnamese traders mention that P2P markets using USDT often have tighter price spreads, which makes trading more efficient. Over time, USDT Vietnam has simply become the most familiar and convenient option, showing up in trading groups, online chats, and local exchange pairings across the country.
4. Do Vietnamese traders use other stablecoins like USDC and BUSD?
Yes, although not as frequently as USDT Vietnam. Some traders have begun to explore USDC because they see it as more transparent and carefully audited. It tends to attract those who prefer stablecoins backed by clear, regularly verified reserves. BUSD was once extremely popular among Binance users in Vietnam, though its future feels uncertain for some traders following regulatory developments affecting its issuer. Both USDC and BUSD continue to appear on the stablecoin list used by Vietnamese traders, but USDT remains the most active choice in day-to-day trading.
Credit from: CoinLaw
5. Why are some Vietnamese traders interested in DAI or Tether Gold?
Although USDT Vietnam dominates most trades, there’s a growing interest in other options like DAI and Tether Gold. DAI appeals to traders who care about decentralization. It’s not tied to a single company or backed by traditional fiat reserves, which gives it a unique position in the market. Some Vietnamese traders are also exploring Tether Gold (XAUT), which offers a stablecoin linked to the value of gold. While not commonly used in quick trades, Tether Gold attracts those looking to hold assets tied to something more traditional like precious metals. These coins are part of a more diverse stablecoin list that some Vietnamese traders are starting to explore carefully.
6. Is using stablecoins legal in Vietnam?
The legal situation around stablecoins in Vietnam is still developing. At present, cryptocurrencies, including stablecoins, are not officially recognized as legal tender, but Vietnamese traders can and do use them freely on crypto platforms and in P2P exchanges. Most local traders are aware of the regulatory uncertainty and tend to follow updates from the Vietnamese government closely, but stablecoin trading continues to grow with little disruption so far.
7. How do Vietnamese traders decide which stablecoin to use?
The choice of stablecoin usually comes down to a few practical concerns. Vietnamese traders often look for coins that are easy to buy and sell within the local market and that can be quickly converted back to Vietnamese đồng (VND) when needed. Liquidity and transaction speed are critical factors. Some also consider the stability of the coin’s reserves or the transparency of its issuer, especially when comparing coins like USDT and USDC. Community trends matter as well. Traders naturally gravitate toward stablecoins that their peers and local crypto groups are actively using.
8. Will USDT Vietnam continue to lead the stablecoin list in the future?
Looking ahead, USDT Vietnam seems likely to remain at the heart of Vietnam’s stablecoin list. Its popularity, wide availability, and deep liquidity keep it firmly in place as the preferred stablecoin for most traders. However, Vietnamese traders are starting to spread their attention across other stablecoins as well. USDC and DAI, in particular, are slowly gaining interest among those who want alternatives or additional layers of security. For now though, USDT Vietnam continues to serve as the core stablecoin in most trading strategies.
Conclusion: The Stablecoin List That Vietnamese Traders Trust
The stablecoin list trusted by Vietnamese traders isn’t just about global trends — it’s shaped by the habits and preferences of the local community. USDT Vietnam leads this list by a wide margin, thanks to its speed, liquidity, and wide acceptance. Other stablecoins like USDC, BUSD, DAI, and Tether Gold are gradually building their own followings, but for most Vietnamese traders in 2025, USDT Vietnam remains the most practical and familiar choice.
Stablecoins will likely continue to evolve within Vietnam’s crypto ecosystem, but their role as essential trading tools seems here to stay.
