According to Chainalysis, cross-border stablecoin flows increased by 77.5% to reach $220.3 billion, but this growth remains concentrated among a limited number of country-to-country corridors. The blockchain analytics firm identified 4,708 new country-to-country routes, which however represented only $2.64 billion of the total volume. This concentration suggests that despite the significant global increase, stablecoin adoption remains uneven across geographic zones.
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