Wu has learned that Peer, a P2P cryptocurrency exchange, announced that its beta version now supports users buying and selling USDC in RMB via Alipay. Users can pay sellers RMB to buy USDC or sell USDC and receive RMB via Alipay. The USDC in the transaction is locked in an on-chain escrow contract and released after payment verification. Peer stated that since August 21, 45 buyers have completed 107 related orders, with a total transaction value of approximately $7,094. https://www.(wublock123.com)/news/p2p-crypto-exchange-peer-alipay-usdc-trading-allegation-70894