Chainalysis: Canada stablecoin remittances to India, Philippines, China hit $2.36B, up 141%


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Promote with Leviathan NewsChainalysis data shows remittance-sized transfers (under $10,000) from Canada to India, the Philippines and China totaled $2.36B, up 141% YoY across 3.56M transactions averaging $663, with those corridors now 19.4% of outbound stablecoin value versus 10.9% a year earlier. The average cost of traditional remittances from Canada is near 6.7%, while stablecoin transfers settle for a cent or less. Separately, the US leads AI agent commerce on x402 with 30% of geolocated agent-to-service transactions and 88.1% of inference payments; cumulative x402 transactions on Base grew from 58.8K to 138.5M in a year, mostly under a dime.
AI summary of the linked source — not editorial content.
Related on X Stablecoins reach 44% of Canadian crypto order-book volume, with USDC dominant · 4 accounts · first post
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