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China P2P stablecoin wallets grew 43x despite crypto restrictions: Chainalysis
Cointelegraph·October 5, 2026·1 min read
China's P2P stablecoin wallets grew 43-fold between Q1 2024 and Q2 2026 despite crypto restrictions, according to Chainalysis. Unique wallets sending P2P stablecoin transactions surged as activity shifted toward direct wallet-to-wallet transfers, bypassing traditional exchanges and highlighting the resilience of crypto adoption.
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