Yiwu stablecoin trading "10 billion US dollars turnover" investigation: only a few merchants charge.

Recently, there have been market reports that there are cases in Yiwu accepting stablecoin payments for foreign trade goods, making it once again the focus of attention. Huatai Securities research report shows, "In the world's small commodity center Yiwu, stablecoins have become an important tool for cross-border payments. Blockchain analysis company Chainalysis estimates that by 2023, the flow of stablecoins on the Yiwu market will exceed 10 billion US dollars." Some people have posted online, "Yiwu has more than 3,000 merchants using stablecoins such as USDT for receiving payments, with monthly turnover exceeding 1 billion US dollars, saving nearly tens of millions of Chinese yuan in fees!" Journalists have conducted on-site visits and surveys on the use of stablecoins in Yiwu. When asked if they can use stablecoins for payment, most merchants say they have not heard of stablecoins and do not understand them; some merchants have questioned their compliance, costs, etc.; only a few merchants support accepting stablecoin payments.