What does RMB recharge mean (USD exchange rate for RMB recharge)

What does RMB recharge mean (USD exchange rate for RMB recharge)

What does RMB recharge mean? In foreign countries, payment is made through Alipay or WeChat. Using RMB payment can achieve digital currency transactions for international settlement, but due to the lack of unified national credit support in China, specialized security companies are needed to ensure this function Generally speaking, paying in RMB is a way to complete cross-border remittances directly in cash, which means that people transfer money to overseas accounts for consumption. If a domestic user deposits with an overseas bank, they can exchange RMB based on their bank balance. Of course, you can also choose to purchase Bitcoin, Ethereum and other digital assets by using third-party credit cards and debit cards

USDT exchange rate for RMB recharge

According to Coinelegraph, according to data from the USDT exchange platform, the USDT exchange rate for RMB recharge on February 18, 2019 from 0:00 to 12:00 (22:01 Beijing time) is: 1 overseas user account 1 USDT=1 AUD; Domestic account with a minimum of 10U. At present, it is approximately 340 million US dollars calculated in RMB. Note: “US dollar” and “Korean won” are intermediate units and reference indicators between international legal currency and virtual currency transactions. Among them, the highest circulation rate of the Chinese yuan in overseas markets is around 15%.

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