CryptoCointelegraphabout 2 hours ago
China P2P Stablecoin Wallets Surge 43x
5 min read
Chainalysis reports China's peer-to-peer stablecoin wallets grew 43-fold between the first quarter of 2024 and the second quarter of 2026. The blockchain analytics firm recorded $104.1 billion across 18.1 million transfers involving China's self-custodied stablecoin holdings during the 2026 reporting period, which ran from July 2025 to June 2026.
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