China’s P2P Stablecoin Wallets Surge 43x, Korea’s $450B Crypto Economy: Asia Express
October 9, 2026China P2P stablecoin wallets grew 43x despite crypto restrictions: Chainalysis
The number of unique wallets sending peer-to-peer (P2P) stablecoin transactions in China grew 43-fold between the first quarter of 2024 and the second quarter of 2026, according to Chainalysis.
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