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9 days ago · China

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

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

What's happening

SignalsMonitor is following this as a markets story. Cointelegraph is the outlet attached so far. The reports are tied to China. The first report grouped here was at 8 Oct 2026, 22:35 UTC. The headline in use is “China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express”. This note is SignalsMonitor's own briefing, not the publisher's article.

What we know

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.

CointelegraphRead at Cointelegraph

Story timeline

Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.

Reported by 1 outlet

  • Cointelegraph