Since the joint meeting of thirteen ministries and commissions on cracking down on virtual currency trading and speculation in early December set the tone, the net monthly capital inflow into stablecoins is shown in the chart below. I can only conclude one thing: 90% of stablecoin demand comes from China.
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Since the joint meeting of thirteen ministries and commissions on cracking down on virtual currency trading and speculation in early December set the tone, the net monthly capital inflow into stablecoins is shown in the chart below. I can only conclude one thing: 90% of stablecoin demand comes from China.