Both the market capitalization and transaction volume of stablecoins in the Asia-Pacific region have increased.

A report on the landscape of stablecoins and tokenized assets in the Asia-Pacific region has been released. The data shows that the market capitalization of stablecoins increased by 1% to $306 billion from the end of December to the end of September, and the adjusted monthly transaction volume increased by 41.4% to $325 billion. The transaction volume to market capitalization ratio rose from 0.77 times to 1.06 times.