Data: Gray market peptide suppliers are accelerating their shift toward Bitcoin and stablecoins, with Q1 crypto inflows surging 159% year-over-year

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Crypto Market News: According to The Block, blockchain analytics firm Chainalysis released a new report indicating that as the gray market peptide industry surpasses an annualized scale of $100 million, leading suppliers are accelerating the adoption of Bitcoin and stablecoins as primary settlement tools. In Q1 2026, cryptocurrency inflows into this industry reached $32 million, a 159% quarter-over-quarter surge. Due to traditional banking and credit card payment channels generally prohibiting prescription-grade compounds and unregulated substances, many Chinese chemical manufacturers have turned to cryptocurrencies for transactions, with high-value orders especially favoring stablecoins to hedge against price volatility risks.
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