China P2P stablecoin wallets grew 43x despite crypto restrictions: Chainalysis

Unique wallets sending P2P stablecoin transactions in China grew 43-fold between Q1 2024 and Q2 2026 as crypto activity increasingly shifted toward direct wallet-to-wallet transfers.
Source: China P2P stablecoin wallets grew 43x despite crypto restrictions: Chainalysis (https://cointelegraph.com/news/china-stablecoin-p2p-wallets-crypto-restrictions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)