Is This The End Of USDT In China?
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Although the Chinese government banned cryptocurrency trading in 2021, the Chinese have not completely abandoned crypto. By circumventing capital controls and using foreign platforms, they continue to manipulate this technology despite its informal status in China. Recently, the frenzy around local stocks impacted USDT, showing a shift in interest towards the Chinese stock market.
A Fluctuating Demand for USDT
The impact of crypto, notably USDT, remains undeniable, despite a decline observed. Since the end of September, this stablecoin – Tether News, often exchanged…