
🇨🇳 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
