CoinMeta data: According to a report from Chainalysis, in the 12 months up to June 2026, the scale of encrypted remittances from Canada to India, China, and the Philippines increased by 141% year-on-year, reaching $2.36 billion, involving 3.56 million transactions with an average amount of $663 per transaction. Among these, the amount of encrypted remittances from Canada to the Philippines grew by 28% to $61.02 million, and the number of transactions increased by 34.7% to 73,564. The report states that Canada is the most active country in the peer-to-peer encrypted economy among G7 countries, with the volume of stablecoin transactions rising from 30% of the total trading volume denominated in Canadian dollars a year ago to 44% as of June this year.