PolicyCointelegraphabout 2 hours ago
China P2P Stablecoin Wallets Surge 43-Fold
2 min read
Chainalysis reports that unique wallets sending peer-to-peer stablecoin transactions in China grew 43-fold between Q1 2024 and Q2 2026. This surge occurred despite strict government restrictions on crypto trading. The 2026 reporting period recorded $104.1 billion across 18.1 million transfers involving self-custodied stablecoin holdings.
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