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China’s P2P Stablecoin Wallets Surge 43x, Korea’s $450B Crypto Economy: Asia Express
What happened
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. The number of unique wallets sending peer-to-peer (P2P) stablecoin transactions in China grew 43-fold between the.
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