A fun fact: Over the past year, the value of the RMB has fluctuated by about 5%; Basically, if you had $1 million USD and did nothing but convert it to RMB, you'd have lost around 360,000 RMB. Reuters reported back in May: some global institutions have raised their RMB forecasts, with some even predicting USD/RMB could hit the 6.50 range in the next 12 months; Trading Economics also gave a 12-month estimate leaning toward 6.75. So, to all the family members living in China holding a ton of USDT and USDC, if you haven’t exchanged much into RMB yet, are you feeling the pressure?