Data: One week after the implementation of the Hong Kong stablecoin regulations, the scale of the local OTC Trading market has dropped by approximately 32.94%.

According to ChainCatcher, Bitrace monitoring data shows that one week after the implementation of Hong Kong's stablecoin regulations, the local OTC Trading market size decreased by approximately 32.94%. Specifically, the average daily USDT transfer volume of merchant-type service providers' business addresses decreased by 43.20%, from 9.47 million to 5.38 million; while the transfer volume of non-store type service providers' business addresses decreased by 30.65%, from 42.57 million to 29.52 million.

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