I am not located in China, but it seems like people are trading stablecoins with rmb in private groups, then they get BTC/other cryptos with the stablecoins in CEX/DEX

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Interesting. Did you used to live in China?

Yes, and I still have a lot of relationship/connections there

What made you leave?

that's too private for my online identity, haha

Cheers mate. Appreciate the dialogue 💪💪 I

Just followed you 🫡