Do you really think it's that simple in the cryptocurrency world? It's not.

Why did China suddenly crack down on stablecoins this year?

In a nutshell: Money is quietly flowing out, and it's moving too quickly.

By 2025, China estimates there will be $150 billion flowing out.
It may not sound like much, but it accounts for 0.8% of GDP, which is a red line for any economy.

What does this number mean?
≈ The annual profit of "China Tobacco"
≈ Half of the national land finance
≈ 60% of military spending

To put it more bluntly:
1, National smokers get a year of free smoking
2, Military spending has been cut off at the knees

This is not "volatility"; this is "leakage."

💵 The outflow structure is even more eye-catching 💵

Out of the $150 billion, only 40% is compliant trade.
The remaining 60% is gray or illegal flows:
1, Underground banks: $45 billion
2, Virtual currency: $37.5 billion
  Among which stablecoins ≈ $30 billion
3, Other small channels: $15 billion

The reason stablecoins are under close scrutiny is that:

It has become the cheapest, fastest, and hardest-to-trace "shadow foreign exchange system."
What traditional money houses can do in 10 days, it can accomplish in 10 minutes.

So, don't take your cryptocurrency trading money too seriously,
The main reason for the outflow is through stablecoins.

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