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The Node – Iced Coffee and Invisible Dollars: Inside Vietnam’s Stablecoin Economy

Vietnam officially bans cryptocurrency as payment, yet a quarter-million-dollar stablecoin transaction unfolds in a café on an ordinary March morning. This investigation reveals the paradox of a Communist state championing digital transformation while a thriving shadow financial system operates in plain sight. Through on-the-ground reporting across Vietnamese cities, the piece exposes how a cashless, tech-savvy population navigates the gap between official policy and economic reality.

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Author Bio

Unknown's avatarTanzeel Akhtar trained as a foreign correspondent at the University of Helsinki, Finland, and in newspaper journalism at the University of Central Lancashire, UK. She is NCTJ-qualified in Media Law, Public Administration and Shorthand (100wpm).

Her reporting has appeared in The Wall Street Journal, Bloomberg, BBC, CNBC, Forbes, Euromoney and ETF.com, among other international publications covering global markets, digital assets and finance. She has held editorial roles at Bloomberg, CoinDesk and Interactive Investor.

Email: news@tanzeelakhtar.com
X: @Tanzeel_Akhtar
Instagram: @TanzeelAkhtarJournalist

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