Chainalysis says Canada's small crypto remittances to India, the Philippines, and China reached 2360000000 USD，Base x402 Transactions increased to 138500000 transactions
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Canada's small stablecoin and Bitcoin remittances to India, the Philippines, and China reached 2360000000 USD，Base Transactions on x402 grew rapidly.
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Chainalysis: Stablecoin remittances from Canada to India, the Philippines, and China reached 2360000000 USD, with the United States leading x402 AI Agent Payments
PANews October 22 reported, according to Chainalysis, 2026 Canada's small stablecoin and Bitcoin remittances to India, the Philippines, and China in, each below 10000 USD, reached 2360000000 USD, up 141%year on year, totaling 3560000 transactions, with an average of 663 USD per transaction. These countries accounted for 19.4%，1 of Canada's total cross-border stablecoin outflows, versus 10.9%years earlier. In the United States, among x402 AI agent-service transactions that could be geographically attributed, US-funded agents accounted for 30%; among AI model-inference transactions, US wallets accounted for 88.1%. As of the third quarter of 2026, cumulative transactions on Base reached x402 transactions; in the third quarter of 138500000, the figure was 2025 transactions.
According to Chainalysis, 2026 Canada's small stablecoin and Bitcoin remittances to India, the Philippines, and China in reached 2360000000 USD。
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The above small remittances refer to transactions below 10000 USD per transaction, up 141%year on year, totaling 3560000 transactions, with an average of 663 USD。
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India, the Philippines, and China accounted for 19.4%，1 of Canada's total cross-border stablecoin outflows, versus 10.9%。
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Among x402 AI agent-service transactions that could be geographically attributed, US-funded agents accounted for 30%。
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Among AI model-inference transactions, US wallets accounted for 88.1%。
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As of the third quarter of 2026, cumulative transactions on Base reached x402 transactions; 138500000 in the third quarter of 2025, the figure was 58800 transactions.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report shows that the number and value of small crypto-asset remittances from Canada to India, the Philippines, and China increased. Meanwhile, in x402-related AI agent-payment and model-inference transactions, US funding or wallets represented a relatively high share, while Base cumulative transaction count on x402 also increased significantly.
Why it matters to readers
These data can be used to observe changes in small cross-border crypto remittances and AI agent-payment activity, but growth in transaction count alone does not indicate transaction value or the scale of actual use.
Beginners can view this as signals: crypto assets are being used for more small cross-border transfers, and AI the transaction count for agent-related payments is also increasing; this does not mean the prices of the related assets will necessarily rise.
Risks and unknowns
The material does not include the original Chainalysis report, so the statistical methodology and full scope cannot be verified.
2360000000 USD It does not specify the respective contributions of stablecoins and Bitcoin.
Base The transaction value, actual use cases, and whether growth can be sustained on x402 are not specified.
The methods used to determine “US-funded agents” and “US wallets” are not specified.
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Related concepts
Stablecoin
An asset that seeks to track a reference value and is subject to risks including depegging, reserves, and redemption.
