Canada Crypto Remittances to Asia Surge 141% to $2.36
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5 Articles
Canada–Asia Crypto Remittances Jump 141% to $2.36B, Chainalysis Says
Crypto remittances leaving Canada have accelerated sharply, with stablecoin-powered transfers growing faster across the corridors that matter most to Canadian families and communities abroad. In a Chainalysis report, remittance-sized transfers to India, China and the Philippines surged 141% year over year to $2.36 billion over the 12 months ending June 2026. The same analysis highlights how stablecoins are increasingly becoming the value-transfe…
Illustrative image Photo: PexelsChainalysis report shows 141% jump in Canada's crypto shipments to Asian countries
Cryptor transfers from Canada to India, China and the Philippines grew 141% to USD $2.36 billion, according to figures attributed to Chainalysis. The report also points to increased use of stablecoins, although a 194% ratio requires caution and clarification to interpret the data.
Canada crypto remittances to Asian countries surge 141% to $2.36B: Chainalysis
Remittance-sized crypto transfers from Canada to three Asian countries reached $2.36 billion, while transfers to the Philippines alone rose 28% to $61 million.Remittance-sized crypto transfers from Canada to India, China and the Philippines surged 141% year-over-year to $2.36 billion, as digital asset payments expanded across the three major remittance corridors. According to a new Chainalysis report, the three countries accounted for 194% of Ca…
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