Salary payments in USDT stablecoin ruled as illegal in the Chinese court Post author:MiamiCrypto Post published:July 6, 2022 Post category:China / Court / Dollar / People's Bank of China / Stablecoin / Tether Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions. You Might Also Like Bitcoin up 36% YoY after China warned BTC was ‘heading to zero’ June 21, 2023 Crypto.com and Silvergate enable institutions to buy and sell crypto with USD November 30, 2021 Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth July 17, 2024