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"Stablecoins are a unique type of cryptocurrency designed to offer price stability. They are typically pegged 1:1 to the US dollar, providing a reliable medium of exchange for digital assets. These coins offer a stable haven in the often volatile world of cryptocurrencies, making them an attractive option for traders and investors alike."

The crypto investment landscape in Vietnam is currently in a legal gray area. While the law prohibits the use of cryptocurrencies as a legitimate means of payment, it falls short of providing clear regulations regarding ownership and trading. With the recent passing of the Digital Technology Industry Law, the country is taking a step towards clarifying the legal status of digital assets, but the law will only come into effect in 2026.

The potential of this cryptocurrency to surpass traditional payment networks such as Visa Inc. and Mastercard Inc., as well as other online payment services, is immense.