USDT at 28K, soon 30K — nothing surprising!
The USD’s strength is fading as gold keeps rising, yet the USDT/VND rate continues to climb.
👉 Because the VND is depreciating even faster than the USD, plus there’s still plenty of cash in circulation and a strong DCA demand.
From a macro perspective, it’s quite logical:
Vietnam is an export-oriented economy, so keeping the VND weak means earning more local currency per USD brought home.
Between Gold – BTC – USDT – VND, if I had to choose, I’d pick USDT:
• Great inflation hedge
• Potential upside from exchange rate gains
• Flexible staking options
• Much better liquidity than gold in Vietnam
💬 This is just my personal view, not financial advice.