There are rumors in the market that "over 3000 merchants in Yiwu use stablecoins and have a monthly turnover of 1 billion US dollars." However, a field investigation by 21st Century Business Herald found that only a few merchants currently support stablecoin payments, and most merchants express lack of understanding or doubts about compliance. Huatai Securities previously stated that the flow of stablecoins on the Yiwu blockchain will exceed 10 billion US dollars in 2023.