21st Century Business Herald Researches Stablecoin Transactions in Yiwu: Most merchants indicate they have not heard of stablecoins, with only a few supporting stablecoin payments

BlockBeats News, July 8th, According to a report by 21st Century Business Herald, there have been recent market rumors that there has been a case in Yiwu where stablecoins were accepted as payment for foreign trade goods. After on-site visits and investigations by reporters, when merchants were asked if they could accept stablecoin payments, the majority of them said they had not heard of stablecoins and were not familiar with them. Some merchants also raised concerns about compliance, costs, and only a few merchants were willing to accept stablecoin payments.