Nearly $70 billion worth of digital assets were received by users in Vietnam through centralized exchanges (CEXs) in one year, according to a report published on September 30 by Chainalysis.
Specifically, during the period from July 2025 to June 2026, this capital flow is expected to reach approximately US$69.8 billion, placing Vietnam among the markets with large transaction volumes in the Central and Southeast Asia - Oceania (CSAO) region.
With this figure, Vietnam currently ranks behind India ($88.4 billion), Singapore ($82.3 billion), and Australia ($79.3 billion) in terms of capital inflows into CEXs in the region.
This significant transaction volume was recorded against the backdrop of a 6.8% decrease in overall digital asset activity at CSAO during the study period. Nevertheless, Vietnam, along with the Philippines and Thailand, still recorded increased use of digital assets in application-based activities, particularly peer-to-peer (P2P) transactions.
Another noteworthy point is that stablecoins are being used increasingly for cross-border transactions.
In Vietnam, domestic stablecoin activity reached approximately $6.9 billion, while cross-border trading volume was significantly higher. Along with Thailand , the cross-border stablecoin market in Vietnam was 50% to over 100% larger than domestic activity.
Across CSAO, this trend is even more pronounced, with the value of stablecoins used for cross-border transactions being approximately 3.2 times higher than those used for domestic transactions. According to Chainalysis, processing speed, continuous transaction capabilities, and the reduction of several intermediary layers give stablecoins significant potential for application in cross-border payments and money transfers.
P2P data also shows that the Vietnamese market is heavily influenced by individual users. Vietnam, the Philippines, and Thailand generated a combined 5.4 million P2P transactions under $10,000, accounting for 14.4% of all such transactions globally, even though these three countries only represent about 2.5% of the global digital asset economy.
Notably, over 80% of domestic P2P transactions in the three markets were valued at under $1,000, averaging around $618 per transaction, nearly half the $1,210 average in the other markets.
According to Chainalysis, this structure differentiates Vietnam from digital asset hubs like Singapore or Australia. While Singapore sees an increase in capital flows from market makers, brokerage firms, and financial institutions, activity in Vietnam is more prominent among individual users and small-value transactions.
Source: https://anninhthudo.vn/gan-70-ty-usd-tai-san-so-chay-vao-viet-nam-qua-cac-san-tap-trung-post670723.antd
