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My suppliers in Asia (+90% in China) are only accepting stablecoins (e.g. USDt) as payment due to fiat KYC/frozen funds etc., issues with Western banks.
So far, I have gone from banking/wire transfer fiat to suppliers to products (takes +/- 3 days or more) but paid in USDt by clients for the products I sell them, so I didn't really have to exchange to stablecoins myself. Now, I have a new client, a big company, that wants to buy products but my suppliers insist on getting paid in either ¥ or USDt.
How would you solve this issue? 🙄