Canada’s Crypto Transfers to Three Asian Countries Jump 141%

Canada led the Group of Seven in peer-to-peer crypto activity as remittance-sized transfers to India, China and the Philippines reached $2.36 billion from July 2025 through June 2026, up 141% year over year. The transfers involved Bitcoin (BTC) and stablecoins across 3.56 million transactions, averaging $663 each. The monthly average was 75,100 unique senders. The three countries accounted for 19.4% of Canada’s outbound cross-border stablecoin value, up from 10.9% a year earlier. The $2.36 billion total covers remittance-sized transfers to those countries, not all money sent from Canada to Asia. Canada ranked seventh globally in domestic and cross-border crypto flows.