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. A local person who has long been concerned about virtual currencies in Yiwu said, "As far as I know, there are not many merchants in Yiwu who use stablecoins. At least the people around me are not willing to settle with stablecoins." Merchants who have been concerned about virtual currencies for a long time said, "Foreign trade enterprises can export tax refunds according to traditional settlement methods, and there are benefits involved, which will lead to merchants being unwilling to use stablecoins." Huatai Securities previously stated that the flow of stablecoins on the Yiwu chain will exceed 10 billion US dollars in 2023. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45197