[Chainalysis: Cross-border stablecoin traffic grows by 77.5%, fund concentration remains high] According to a report by Golden Finance on September 25, Chainalysis data shows that cross-border stablecoin fund flows increased by 77.5% year-over-year. While the overall scale has expanded, the flow of funds remains highly concentrated. Chainalysis identified 4,708 new cross-border transfer routes, but these new routes only carried approximately $2.64 billion, accounting for a small proportion of the total $220.3 billion, indicating that cross-border stablecoin flows are still dominated by a few major channels.