Stablecoin P2P wallets in China surge strongly, with South Korea leading the crypto economy at $45 billion

- China has recorded strong growth in the use of P2P stablecoin wallets, increasing by up to 43 times despite existing bans.
- South Korea has developed a crypto economy worth $45 billion, the largest in East Asia.
- These trends indicate a sustained demand for decentralized financial tools and the enormous scale of the Asian crypto market.

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Source: CoinTelegraph