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Huatai Securities Research Report: Stablecoins have become one of the important tools for cross-border payments in Yiwu, China.
[Huatai Securities Research Report: Stablecoins Have Become One of the Important Tools for Cross-Border Payments in Yiwu, China] The Huatai Securities research report shows that in Yiwu, the world’s small commodity center in China, local stablecoins have become one of the important tools for cross-border payments. Blockchain analysis company Chainalysis estimates that as early as 2023, the on-chain stablecoin flow in the Yiwu market has exceeded 10 billion USD. (21st Century Business Herald)