Vietnam Projects 20% Credit Growth, Crypto Markets Watch for Liquidity Boost

[bonk]

The State Bank of Vietnam expects credit growth of about 20% in 2025, a move that could inject fresh liquidity into global crypto markets as adoption rises in Southeast Asia.

Deputy governor Pham Thanh Ha said Friday that interest rates will need to fall further to spur growth and offset U.S. tariffs, Reuters reports.

Vietnam legalized cryptocurrencies in June, categorizing them as either virtual assets tied to real-world products or as crypto assets like Bitcoin and Ether — but banned onchain fiat-backed stablecoins under a 5-year sandbox program launched in September.

[EmTeam]

That kind of credit expansion could inject major liquidity into local markets, benefiting crypto indirectly.

[jacson4]

Interesting link between traditional finance and crypto here. Liquidity flow always finds new paths.