Stablecoins: French people are filling up on self-custody according to Chainalysis

Chainalysis values Western Europe’s crypto economy at $2.08 trillion, with French self-custodied stablecoin activity jumping 192%, according to the report. The surge signals that French users are increasingly holding dollar-pegged tokens in their own wallets rather than leaving them on centralized platforms. That shift matters because self-custody changes how liquidity moves across exchanges and DeFi venues, and it raises the stakes for wallet security and on-chain transparency. Watch whether the 192% growth persists across the next reporting period and whether it translates into higher on-chain stablecoin volumes on major networks.