China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express
Cointelegraph
byCointelegraph by Andrew Fenton
Thursday, October 8, 2026 at 10:35 PM

China has seen a massive surge in peer-to-peer stablecoin use, even as bans continue. South Korea’s crypto economy is worth now worth $450B despite exchange profits falling 78%.
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… [+6805 chars]
Language
eng
Source
Cointelegraph
Category
business
Added
4d ago

