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21st Century Economic Report Investigates Stablecoin Trading in Yiwu: Most Merchants Unfamiliar, Only Few Support Accepting Stablecoins
Summary: According to 21st Century Economic Report, recent market news suggests that there have been cases of Yiwu merchants accepting stablecoin payments for foreign trade goods. During a reporter's on-site investigation, when asked about accepting stablecoin payments, most merchants indicated they had not heard of stablecoins and were unfamiliar with them; some merchants raised concerns about ...
According to 21st Century Economic Report, recent market news suggests that there have been cases of Yiwu merchants accepting stablecoin payments for foreign trade goods. During a reporter's on-site investigation, when asked about accepting stablecoin payments, most merchants indicated they had not heard of stablecoins and were unfamiliar with them; some merchants raised concerns about their compliance and costs; only a few merchants supported accepting stablecoin payments.
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Link: 21st Century Economic Report Investigates Stablecoin Trading in Yiwu: Most Merchants Unfamiliar, Only Few Support Accepting Stablecoins [Copy]