Kyros Ventures: 33.3% of Chinese investors hold large amounts of stablecoins, second only to Vietnam
According to a report released in December 2023 with the assistance of 10 media organizations in China, Thailand, South Korea, Taiwan, and Vietnam, by Vietnamese venture capital firm Kyros Ventures, more than 70% of the 5,268 participants surveyed stated that cryptocurrency accounts for more than half of their asset portfolios. However, 33.3% of Chinese investors hold a large amount of stablecoins, second only to Vietnam (where 58.6% of investors hold stablecoins). Except for Vietnam and China, most investors in other countries have reduced their holdings of stablecoins, indicating that they are more willing to take risks in investing in crypto assets.
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