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Canada's crypto remittances to Asia jump 141% to $2.36B, signaling growing digital money flows.

Market News
14 Oct 2026
Cointelegraph
View Source
Bullish
Canada's crypto remittances to Asia jump 141% to $2.36B, signaling growing digital money flows.

Crypto remittances from Canada to Asian countries surged by 141%, reaching $2.36 billion, according to Chainalysis. This sharp increase highlights a growing trend of using digital currencies for cross-border money transfers, potentially offering faster and cheaper alternatives to traditional remittance methods. The rise may reflect increased adoption of cryptocurrencies among immigrant communities and businesses in Canada sending funds to Asia. This trend could influence future financial regulations and the remittance market landscape.

Polygon's MATIC token is trading at Rp5.877 with a 0.85% increase over the past day, as of Oct 15, 2026 08:21 WIB on Pluang. The platform shows a market cap of Rp59.96 trillion and a 24-hour trading volume of Rp3.76 trillion. This price movement coincides with Polygon's recent expansion in US payments through its deal with Coinme, potentially supporting increased utility and adoption of MATIC in cross-border transactions.

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