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China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express

Despite ongoing bans, China has seen a big surge in peer-to-peer stablecoin use. New figures show South Korea’s $450B crypto economy is the largest in East Asia.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express

Despite ongoing bans, China has seen a big surge in peer-to-peer stablecoin use. New figures show South Korea’s $450B crypto economy is the largest in East Asia.

Why this matters

This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

Original source

Read on Cointelegraph

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