Double Whammy: Yen Exchange Rate Volatility + Potential Government Shutdown, Where is the Bottom of the Crypto Market? | Bee Network
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“30 days, 5 cities, 106 QR code scans.” A stablecoin experiment in Vietnam has just concluded. This experiment aimed to verify a proposition mentioned countless times: Can stablecoins truly cross the “last mile” of payments, replace national-level products like Alipay, and evolve into a genuine mainstream global payment method? Without investigation, there is no right to speak. Regarding whether stablecoins can truly be implemented in people’s livelihoods and replace the old fiat currency system, more real-world cases are needed to prove or disprove it. To this end, the author delved into Vietnamese society in December 2025 for a thirty-day field investigation. During this research, the author deliberately abandoned traditional fiat tools like cash and credit cards on the payment side, relying entirely on stablecoins like USDT for daily consumption (Note:…# Analysis# bitcoin# crypto# defi# Exchange# Market# Token# Tool# web3Pre
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- Author | Ethan (@ethanzhang_web3)