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EU News Forge > Blog > Business > Cryptocurrency > China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express
Cryptocurrency

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

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Last updated: October 9, 2026 12:35 am
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2 days ago
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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.

Source: Cointelegraph

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