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

CoinTelegraphOctober 8, 2026 · 11:34 PM2 min read
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.

Originally published on CoinTelegraph

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.

Read the full article on CoinTelegraph →

#cointelegraph
#regulation

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