Deep Tide TechFlow News, July 8, according to a field investigation by 21st Century Business Herald, the usage of stablecoins in Yiwu International Trade City is far less than the scale rumored in the market. The reporter found that most merchants expressed unfamiliarity with stablecoins, with only a few merchants supporting stablecoin payments. Some merchants also raised questions about its compliance, costs, and other issues.

Previously, there were market rumors that "over 3,000 merchants in Yiwu use USDT and other stablecoins for payments, with monthly transactions exceeding 1 billion USD."