Tether signed an MoU with Da Nang City to develop blockchain infrastructure, education, and policy innovation in Vietnam.
Stablecoin issuer Tether has signed a Memorandum of Understanding (MoU) with the People’s Committee of Da Nang City to promote blockchain-powered digital infrastructure and governance innovation.
Under the agreement, both parties will explore the integration of blockchain, digital assets, and peer-to-peer technologies into the city’s governance framework. The initiative seeks to enhance transparency, efficiency, and resilience in digital administration, drawing from international best practices and Tether’s global expertise.
As part of the collaboration, Tether will assist Da Nang in formulating policies for blockchain regulation, sandbox experimentation, and the tokenisation of real-world assets (RWAs). The company will also share knowledge gained through global initiatives such as Plan ₿, helping Da Nang establish a comprehensive, internationally aligned digital asset governance framework that prioritises safety, transparency, and innovation.
The partnership extends to education and skills development, with both parties working alongside universities and research institutions across Vietnam. These initiatives will include training programmes on blockchain, artificial intelligence, and digital payment systems, aimed at equipping local talent and public officials with the tools to manage and implement blockchain-based financial and governance systems.
The collaboration underscores Da Nang’s ambition to become a regional leader in digital transformation and financial innovation. By building inclusive and secure digital ecosystems, the city aims to attract global investment and strengthen its position as a hub for blockchain experimentation and fintech development in Southeast Asia.
This MoU marks a milestone in Tether’s mission to bridge traditional finance and decentralised technology, expanding access to digital infrastructure while advancing sustainable economic growth across emerging markets.
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