🇨🇳 China’s stablecoin P2P market is growing despite restrictions. Since early 2024, the number of unique P2P wallets using stablecoins in China has reportedly increased 43x. 💰 18.1M wallet to wallet transactions 💵 $104.1B in total volume A growing share of stablecoin activity is moving outside centralized platforms through on chain and P2P transactions. This could signal rising demand for blockchain based payment infrastructure in China. 👀 The stablecoin trend is getting harder to ignore. #Stablecoins #Crypto #China #Web3 #Blockchain
Volf Web3Share

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.