Kyros Ventures: 33.3% of Chinese investors hold a large amount of stablecoins, second only to Vietnam

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

However, 33.3% of Chinese investors hold a significant amount of stablecoins, second only to Vietnam (where 58.6% of investors hold stablecoins). Apart from Vietnam and China, investors from other countries mostly reduced their holdings of stablecoins, indicating their willingness to take on more risk in cryptocurrency investments.