@d8
Chinese users bypass crypto rules with viral 'U cards' 🚀
Viral "U cards" are quietly onboarding Chinese users to crypto. These overseas Visa/Mastercards are linked to stablecoin balances like USDT and are surging in popularity on social media.
The cards allow spending dollar-denominated stablecoins for everyday overseas payments, while merchants receive fiat. The conversion is handled outside China's domestic financial rails.
#CryptoNews #China
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