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China Stablecoin P2P Wallets Grow 43x Despite Beijing's Full Trading Ban
COINOTAG·October 5, 2026·1 min read
Chinese P2P stablecoin wallets grew 43x in two years and moved $104.1 billion, despite Beijing's full trading ban. Chainalysis data shows East Asia's crypto economy reached $1.2 trillion. This growth indicates robust demand for stablecoins in China despite regulatory restrictions.
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