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Tether teams up with Da Nang, Vietnam: The stablecoin giant is set to participate in the city's digital governance
【Crypto World】Tether has recently made a major move—directly signing a memorandum of understanding with the official authorities of Da Nang City, Vietnam. This is not just a simple business expansion but a joint effort to explore how blockchain technology can be integrated into urban digital governance.
The two parties plan to delve into several areas: first, how to implement blockchain infrastructure; second, how digital assets and P2P technologies can interface with existing systems. More importantly, they will also work together to explore policy frameworks, and even prepare for regulatory sandbox experiments. RWA (Real-World Asset tokenization) is also within the scope of their collaboration.
Honestly, it’s quite noteworthy that a stablecoin issuer can form such a deep partnership with a local government.