Canada’s Small Crypto Transfers to Three Asian Countries Rise 141%
Remittance-sized crypto transfers from Canada to three Asian countries totaled $2.36 billion, according to Chainalysis data cited by Cointelegraph.
The value of remittance-sized cryptocurrency transfers from Canada to three Asian countries climbed 141% to $2.36 billion, Cointelegraph reported, citing Chainalysis.
Transfers to the Philippines accounted for $61 million of that total, up 28%. Growth in that corridor was slower than the increase across the three destinations combined.
The figures cover transfers classified by size as remittance-like, rather than confirmed remittance payments. The supplied report did not specify the measurement period or identify the other two countries.
Source: Cointelegraph
