The U.S. has ascended to second place in Chainalysis’ Global Crypto Adoption Index, previously ranked fourth, thanks to advancing regulatory clarity that is enhancing institutional demand. India continues to lead the ranking, maintaining its position for the third year running despite strict compliance measures. The Asia-Pacific region is noted for its impressive 69% increase in transaction volume, reaching $2.36 trillion. Institutions in the U.S. are capitalizing on this clarity primarily due to factors such as Bitcoin ETFs, encouraging significant inflows into crypto assets. Despite challenges, grassroots adoption persists in various regions driven by practical financial needs, particularly in markets like India, Pakistan, and Vietnam. The report also highlights a notable uptick in stablecoin adoption, processing over $1 trillion monthly, particularly influenced by legislative advancements like the GENIUS Act aimed at regulating fiat-backed stablecoins. This momentum reflects a strong intersection between institutional interest and everyday crypto usage, suggesting robust future growth in the sector.

Source 🔗