Markets· ★★★· bullish·

Canada crypto remittances to Asia surge 141% to $2.36B: Chainalysis

  • —Crypto remittances from Canada to Asia hit $2.36 billion, up 141%
  • —Transfers to the Philippines rose 28% to $61 million
  • —Data comes from Chainalysis analysis
Why it matters: The surge shows crypto is becoming a major remittance channel to Asia, boosting stablecoin demand.
Source: Cointelegraph
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