Tether Leaders Meet Vietnam On Crypto Exchange Plans
Tether Leaders Meet Vietnam to Discuss Crypto Exchange Development
On October 9, 2025, at the Government Office in Hanoi, Vietnam’s Deputy Prime Minister Ho Duc Phoc met with Marco Dal Lago, Vice President of Global Development and Partnerships at Tether, the world’s largest stablecoin issuer. The meeting took place as Vietnam is implementing Resolution No. 05/2025/NQ-CP, paving the way for a five-year pilot of the country’s first regulated digital asset market.
Vietnam Aims to Become a Regional Digital Finance Hub
Deputy Prime Minister Ho Duc Phoc stated that Vietnam is preparing to license around five crypto asset exchanges, focusing on companies with strong financial capacity, proven credibility, and secure technological infrastructure. After the pilot phase, the government will conduct a full evaluation to finalize a comprehensive legal framework for the digital asset market, ensuring transparency, safety, and the attraction of international investment.
He emphasized that developing a digital asset market is an inevitable part of Vietnam’s digital economy journey but comes with legal and regulatory risks. Therefore, Vietnam seeks to learn from leading countries and cooperate with global technology companies such as Tether to build a transparent, secure, and modern trading ecosystem. With total import-export turnover expected to reach USD 911 billion in 2025, Vietnam requires significant capital for infrastructure and digital finance development. The government hopes that cooperation with Tether will help attract high-quality investment flows, strengthen market confidence, and enhance the competitiveness of the Vietnamese digital economy on the global stage.
Tether: “Vietnam Is One of the Most Important Markets in Asia”
During the meeting, Marco Dal Lago expressed his admiration for Vietnam’s rapid economic growth and said that the country offers a highly favorable environment for the development of digital assets. With a young population, high technological literacy, and strong remittance inflows, Vietnam is well-positioned to become a leader in the digital finance revolution in Asia.
Dal Lago highlighted that Tether is ready to collaborate with major Vietnamese enterprises to develop internationally compliant crypto trading platforms. The company will share its global experience in risk management, regulatory compliance, and data security, helping Vietnam build a safe, efficient, and sustainable digital asset ecosystem. The ultimate goal is to attract global capital flows into the domestic market, contributing to Vietnam’s long-term economic growth.
Global Context: The Rising Momentum of Digital Assets Under Trump’s Return
Tether remains the world’s largest stablecoin issuer, with more than USD 177 billion in reserve assets, including USD 120 billion in U.S. Treasury bills. Since Donald Trump’s return to the White House in late 2024, the U.S. administration’s friendlier stance toward cryptocurrencies and blockchain technology has encouraged major financial institutions, including Tether, to expand aggressively across the Asia-Pacific region.
Experts believe Tether’s move into Vietnam represents not just an economic partnership but also a strategic effort to capture the growing wave of digital asset legalization worldwide. As the U.S. and other major economies push forward new stablecoin regulations, Vietnam—with its political stability and highly digital-savvy population—is emerging as one of the most attractive destinations for global fintech players.
Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.