Ready Upon Arrival! Da Nang Airport Now Supports Direct USDT-to-VND Conversion
Da Nang City, Vietnam, has achieved a major breakthrough in compliant cryptocurrency adoption and FinTech Sandbox experimentation!
Key Highlights at a Glance
Major Expansion of Pilot Areas: Following early-stage testing, Da Nang City has approved Basal Pay—a digital asset exchange application developed by AlphaTrue—to expand its service scope significantly from 3 to 10 designated areas.
Launch at Airport & Key Hubs: The newly expanded pilot zones cover core international tourist locations, including Da Nang International Airport, international golf courses, and high-end resorts. This allows foreign tourists to seamlessly convert their assets immediately upon landing in Da Nang.
Direct USDT to VND Swap: Foreign tourists and crypto holders can now use Basal Pay to directly convert USDT and other digital assets into fiat Vietnamese Dong (VND), greatly enhancing spending and payment convenience across Vietnam.
Pioneering Regulatory Compliance: As the first FinTech application in Vietnam authorized to execute “digital asset-to-fiat currency” conversions within a regulatory sandbox framework, Basal Pay provides travelers with a legal and secure exchange channel (effectively mitigating the risks associated with illegal OTC trading). It also marks a firm step forward for Da Nang toward building an International Financial Center (VIFC) and a Web3 innovation hub.（Vietnam crypto exchange）