Bloomberg: Peptide supplement informal vendors saw a 700% year-on-year surge in cryptocurrency payments in Q1 this year
According to Foresight News, Bloomberg citing Chainalysis data reports that informal suppliers selling peptides health products directly to consumers—bypassing prescriptions and FDA approval—received $32 million in cryptocurrency payments in Q1 2026, a surge of 700% compared to the same period last year. The recent annualized scale has already exceeded $100 million. Because banks and credit card companies refuse to provide services to such suppliers due to compliance risks, more sellers are accepting only Bitcoin payments, thus attracting a large number of ordinary consumers who had never previously interacted with cryptocurrency. Blockchain security company TRM Labs data also shows that in 2025, the total crypto inflow into this sector reached $41.4 million, up 20% year-on-year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
