Canada's Remittances to India, Philippines, China Hit $2.36B in 2026, Up 141% YoY

BTC-0,48%

According to Chainalysis, Canada's stablecoin and Bitcoin remittances to India, Philippines, and China reached $2.36 billion in 2026, up 141% year-over-year, across 3.56 million transactions averaging $663 per transfer. The three countries accounted for 19.4% of Canada's total cross-border stablecoin outflows, up from 10.9% a year prior.

In the U.S., American-backed AI agent services accounted for 30% of trackable cross-border transactions, while U.S. wallets dominated AI model inference trading at 88.1% as of Q3 2026.

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