Cross border stablecoin traffic increased by 77.5%, with highly concentrated capital flows

According to Chainalysis data, cross-border stablecoin fund flows increased by 77.5% year-on-year. Although 4708 new inter country transfer paths were identified, these paths only carried $2.64 billion, accounting for a relatively small proportion of the total statistical amount of $220.3 billion. The cross-border flow of stablecoins is dominated by a few major channels.