# الصين

"U" Cards Ignite the Secret Adoption of Stablecoins in China 🇨🇳💳
The Chinese financial scene is witnessing a remarkable phenomenon with the spread of what are known as "U" cards, which are foreign payment cards (Visa or Mastercard) linked to stablecoin balances such as USDT, gaining widespread popularity on Chinese social media platforms.
These cards allow users to spend stablecoins in dollars, while merchants receive payments in traditional currencies, without any direct handling of cryptocurrencies within China. The transfers and settlements are conducted through external banks and paymen