Yiwu stablecoin payment investigation: rumors are greatly exaggerated, in reality only a few merchants are using it.
According to the 21st Century Business Herald, the popularity of stablecoins remains high, with attention gradually shifting to practical application scenarios. Recently, there have been market reports indicating that Yiwu has cases of foreign trade goods accepting stablecoin payments, making it once again a focal point of public attention. After an on-site visit, the reporter made the following discoveries: 1. Data is seriously exaggerated: stablecoin payments in Yiwu have not yet formed a scale, and the actual users are very few. 2. Core obstacles are difficult to resolve: export tax rebate policies and the demand for corporate financing/exhibition spaces are the core advantages that traditional payments cannot replace. 3. Risks outweigh advantages: the risk of card freezing and exchange costs lead merchants to actively avoid stablecoins. 4. Breaking the deadlock relies on regulation: whether promotion can occur in the future depends on whether compliant platforms like "Yi Payment" can obtain licenses (such as in Hong Kong) and resolve core pain points like tax rebates and financing.
