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Chinese investors are using tokenized stocks bought with stablecoins like USDT to bypass Beijing's capital controls and mimic bets on hot US IPOs like SpaceX (Financial Times) from Techmeme RSS feed.
Chinese investors are using tokenized stocks bought with stablecoins like USDT to bypass Beijing's capital controls and mimic bets on hot US IPOs like SpaceX (Financial Times)
Financial Times:
Chinese investors are using tokenized stocks bought with stablecoins like USDT to bypass Beijing's capital controls and mimic bets on hot US IPOs like SpaceX — Manoeuvres highlight the lengths traders are willing to go to get exposure to hot western investments despite risks