Canada Crypto Remittances to Asia Surge 141% to $2.36
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Key points of the News Canada ranks first among the G7 economies in adopting cryptocurrencies among peers, according to the blockchain analysis firm Chainalysis. Canada's transfers to India, China and the Philippines reached $2.36 billion between July 2025 and June 2026, representing an annual increase of 141 per cent. Stablecoins and Bitcoin gain ground among Canadians who send money abroad, offering an alternative to traditional remittance ser…
Canada leads the G7 in peer-to-peer crypto as Asia remittances jump 141%
Canada has been named as the foremost peer-to-peer crypto economy amongst the Group of 7 nations by blockchain analytics firm Chainalysis. This comes in light of an increase in remittance-sized transfers from Canada to India, China, and the Philippines. Those transfers went up by 141% year-over-year to $2.36 billion from July 2025 to June 2026. The report...
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
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