Binance News
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Stablecoins Emerge as Key Tool for Cross-Border Payments in Yiwu
According to Foresight News, a report by 21st Century Business Herald highlights that in Yiwu, China, a global hub for small commodities, stablecoins have become a significant tool for cross-border payments. Blockchain analytics firm Chainalysis estimates that as early as 2023, the on-chain stablecoin flow in the Yiwu market had surpassed $10 billion.
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