Why did the Ming Dynasty suddenly give up paper money?

The paper money of the Ming Dynasty is called "treasure paper money", which is described as paper money for the sake of easy understanding. Paper money not only needs government credit guarantee, but also needs the government to "recycle" paper money and recognize its value (for example, to pay taxes). However, due to the unlimited issuance of paper money, paper money has greatly depreciated (face value 100 yuan, and the daily transaction may only be 20 yuan), and the government is unwilling to "recycle" these paper money. Businessmen who want to negotiate with the government must accept the face value of paper money and rob the people in disguise, so no one wants to do so in daily transactions.