Analysis: Stablecoin has become one of the important tools for cross-border payments in Yiwu, China
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Planet Daily News: A research report from Huatai Securities reveals that in Yiwu, China's world small commodity center, local stablecoins have become an important tool for cross-border payments. Blockchain analysis company Chainalysis estimates that as early as 2023, the on-chain stablecoin flow in Yiwu market has exceeded $10 billion. (21st Century Economic Report)
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