Markets· ★★★· neutral·

China's P2P stablecoin wallets surge 43x as Korea's crypto economy hits $450B

  • —P2P stablecoin wallet usage in China jumped 43x despite bans
  • —South Korea's crypto economy is valued at $450 billion
  • —Korea remains East Asia's largest crypto market
Why it matters: The surge in China's P2P activity shows stablecoin demand persists despite bans, while Korea cements its role as a key Asian crypto hub.
Source: Cointelegraph