The scale of stable coin usage in Yiwu is far lower than rumors, and only a few merchants accept it

Odaily Planet Daily reported that the actual usage of stablecoins in the Yiwu market is far from reaching the scale of the previous rumors of "over 3000 merchants using USDT and monthly turnover exceeding 1 billion US dollars". At present, only a few individual merchants have tried to accept stablecoins such as USDT as settlement methods, and the overall usage is relatively sporadic, without forming a mainstream payment channel. (21st Century Business Herald)