Kyros Ventures: 33.3% of Chinese investors hold significant amounts of stablecoins, ranking second after Vietnam

TechFlow reports that in December 2023, Vietnamese venture capital firm Kyros Ventures released a report with assistance from 10 media organizations across China, Thailand, South Korea, Taiwan, and Vietnam. According to the survey of 5,268 participants, over 70% said cryptocurrencies account for more than half of their investment portfolios.

However, 33.3% of Chinese investors hold significant amounts of stablecoins, ranking second only to Vietnam (where 58.6% of investors hold stablecoins). Except for Vietnam and China, investors in other countries have mostly reduced their stablecoin holdings, indicating a higher risk appetite toward crypto assets.