Can Stablecoins Speed Up Same-Day Payments to Chinese Suppliers?

I recently came across a payment option that may help Nigerian importers settle Chinese supplier invoices faster. The idea is to fund a transaction with a stablecoin while the supplier receives payment in Chinese yuan. Since China does not recognise crypto as legal tender for ordinary market transactions, the supplier would not be receiving stablecoins directly. What caught my attention was the claim of same-day settlement, compared with the delays that can come with FX funding and conventional cross-border payment processing. I am still trying to understand the fees, exchange rates and compliance requirements involved. Has anyone used a similar arrangement to pay Chinese suppliers? How reliable was it, and what costs did you face?

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