The post Yiwu Adopts Stablecoins for $10 Billion Cross-Border Flow appeared on BitcoinEthereumNews.com.

Key Points: Yiwu adopts stablecoins, enhancing cross-border payments by over $10 billion annually. Yiwu’s stablecoin flow underscores China’s evolving digital asset policies. Stablecoins’ role as payment tools expands in global trade. Yiwu, a hub for small commodities trading, recently reported using stablecoins for cross-border payments, reaching over $10 billion annually. This integration aligns with China’s digital asset strategy and impacts global trade finance. Yiwu continued to innovate in cross-border payment solutions by adopting stablecoins, with market activities indicating usage exceeding $10 billion in transactions. This shift aligns with the evolving landscape of digital assets, prominently positioning stablecoins as key players in real-world business transactions. Yiwu Revolutionizes Trade with $10 Billion in Stablecoin Transactions The increased stablecoin transactions in Yiwu reflect their critical role in enhancing cross-border trade efficiency. Practitioners note the seamless integration of these digital tools into everyday business processes, highlighting their potential to transform global trade. “Stablecoin is a new stage in the evolution of currency,” stated Xiao Feng, emphasizing that stablecoins are more than just payment tools. This statement comes as China explores potential regulatory frameworks for these digital assets, seeking synergistic opportunities with the CBDC initiative. “Stablecoin is a new stage in the evolution of currency,” stated Xiao Feng, emphasizing that stablecoins are more than just payment tools. This statement comes as China explores potential regulatory frameworks for these digital assets, seeking synergistic opportunities with the CBDC initiative. Tether’s Market Position and Regulatory Outlook Did you know? The use of stablecoins for trade is not new, with Asian markets like Yiwu and regions like China-Russia commerce already leveraging USDT for cross-border settlements. According to CoinMarketCap, the Tether USDt token remains a prominent stablecoin, priced consistently at $1.00, with a significant market cap of $157.52 billion. Despite a 38.03% drop in 24-hour trading volume, USDT continues to…

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Filed under: News - @ June 28, 2025 7:26 pm