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)

4 months ago 12
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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

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