Let me recall an interesting case from the past. About five or six years ago, I uploaded a short video about geography, where I discussed the issue of islands between China and Japan, the status of Ryukyu, and other geopolitical points. The video exploded — within a couple of days, it had tens of millions of views, and it was even discussed among experts. But then some diplomatic incident happened, and the views sharply declined. It’s curious how context changes everything.

Something similar is happening now with stablecoins in China. They are currently under restrictions, but I am convinced that sooner or later, the country will open access to them under controlled conditions. The situation resembles this dynamic — first bans, then adaptation.

I look at the global stablecoin market — the dollar holds more than 98% of the share. That’s a huge concentration. If China ever allows stablecoins, then even 20-30% of the market being in yuan would be a logical development. Not some revolution, just healthy diversification.

It’s interesting to watch BTC, ETH, and other assets on Gate — you can see how market sentiment is changing. When policies loosen, interest in crypto usually grows. I think it’s only a matter of time for the Chinese market. Maybe not tomorrow, but definitely someday.