Canada’s monthly peer-to-peer crypto activity has fallen from a spring 2024 peak near 650,000 transactions alongside a decline in study permits, a pattern Chainalysis has linked to changes in the country’s international student population.
Summary
- The study describes a population-level correlation, without establishing that international students caused the transaction decline.
- Government figures show 71% fewer new student arrivals in January–August 2026 than two years earlier.
- Payment providers report lower transfer costs, but local currency conversion remains a separate operational challenge.
- Philippine bank BPI has tested stablecoin settlement for overseas earnings…
