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Growing National Stablecoins in Asia: Several Asian countries are developing stablecoins pegged to local currencies to assert monetary sovereignty and reduce dependence on the U.S. dollar in global trade.

Asia is a complex market with diverse regulations and cultures. Understanding each country's characteristics is crucial for engaging with the Web3 industry. On-chain data shows Asia's Web3 market growth, with metrics like stablecoin usage, developer activity, DEX trading, and Web3 social media engagement.