China’s P2P Stablecoin Wallets Rise 43-Fold as South Korea Leads East Asia
Cointelegraph reports a 43-fold rise in China’s peer-to-peer stablecoin wallets and puts South Korea’s crypto economy at $450 billion, the largest in East Asia.
China’s peer-to-peer stablecoin wallet count has increased 43-fold despite the country’s continuing crypto restrictions, according to Cointelegraph.
The reported growth points to expanding peer-to-peer stablecoin use under the bans. The source summary does not specify the measurement period or starting number of wallets.
Separately, figures cited by Cointelegraph place South Korea’s crypto economy at $450 billion, ranking it first in East Asia. The summary does not detail how that total was calculated.
Source: Cointelegraph
