REPORT | India, China, Philippines Account for ~20% of Stablecoin Transfers from Canada, Reveals Chainalysis
Crypto transfers from Canada to India, China, and the Philippines rose 141% year-on-year to $2.36 billion in the 12 months through June 2026 as digital assets gained traction in cross-border payments, blockchain analytics firm, Chainalysis, said. The three corridors accounted for 19.4% of Canada’s outbound cross-border stablecoin value, up from 10.9% a year earlier. The transfers totalled 3.56 million transactions with an average value of $663, according to the report. Canada-to-Philippines crypto transfers reached $61.02 million across 73,564 […]
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- 2026-10-15 16:56 UTC
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- 2026-10-15 16:57 UTC
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- REPORT | India, China, Philippines Account for ~20% of Stablecoin Transfers from Canada, Reveals Chainalysis
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Reviewed BitKE reporting on Payments matters for Cross-border payments and Stablecoin payments readers.
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BitKE reported the item at 2026-10-15T12:00:10.000Z.
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