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21st Century Business Herald: Only some merchants in Yiwu are using stablecoins for transactions, and Yiwu Pay may submit applications related to stablecoins in Hong Kong
According to Huatai Securities Research Report, stablecoins have become an important tool for cross-border transfer in Yiwu. The 21st Century Business Herald conducted a field visit to the use of stablecoins and found that most merchants said they had not heard of or understood stablecoins. There are also merchants who have concerns about their compliance.
2025-07-08 04:24:54
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