China’s P2P Stablecoin Wallets Surge 43x, Korea’s $450B Crypto Economy: Asia Express
China 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. The blockchain analytics company recorded $104.1 billion across 18.1 million transfers involving China’s self-custodied stablecoin holdings…