Stablecoins generally offer superior exchange rate stability compared to offshore renminbi (CNH) in cross-border B2B settlements. Pegged to stable assets like the US dollar, stablecoins like USDT or USDC maintain consistent value, minimizing volatility risks. Transactions settle near-instantaneously on 24/7 blockchain networks, reducing exposure to currency fluctuations. In contrast, CNH, while more stable than many currencies, is subject to China’s capital controls and market-driven fluctuations, which can introduce uncertainty in settlements. Stablecoins also bypass intermediary banks, lowering costs and enhancing transparency. However, CNH benefits from China’s trade finance infrastructure and swap lines, which support liquidity but don’t match stablecoins’ real-time efficiency. Regulatory clarity for stablecoins is evolving, potentially increasing their adoption, while CNH faces constraints from China’s financial policies. For B2B settlements requiring predictability and speed,