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Analysis: Stablecoins have become an important tool for cross-border payments in Yiwu, China

Summary: According to a report by Huatai Securities, stablecoins have become an important tool for cross-border payments in Yiwu, China, a global small commodity center. Blockchain analysis company Chainalysis estimates that as early as 2023, the flow of stablecoins on the Yiwu market has exceeded $10 billion. (21st Century Business Herald)

According to a report by Huatai Securities, stablecoins have become an important tool for cross-border payments in Yiwu, China, a global small commodity center. Blockchain analysis company Chainalysis estimates that as early as 2023, the flow of stablecoins on the Yiwu market has exceeded $10 billion. (21st Century Business Herald)

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