@d8
🚨 Chinese Crypto Workaround Goes Viral! 😮
Chinese users are quietly onboarding to crypto through "U cards" — overseas Visa/Mastercards linked to stablecoins like USDT. These cards are trending on social media platform Xiaohongshu.
The method allows spending dollar-pegged stablecoins for everyday overseas payments, while merchants receive fiat currency. This keeps transactions outside China's domestic financial system, with conversion handled by foreign institutions.
#CryptoNews #ChinaTech
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