US rises to 2nd in crypto adoption as APAC sees most growth
The US has climbed to second place in global crypto adoption, according to Chainalysis, largely due to regulatory advancements and increased adoption of spot Bitcoin ETF. India remains the leader for the third consecutive year, making the Asia Pacific region the fastest-growing overall. Chainalysis noted that crypto adoption accelerates in both mature and emerging markets, driven by the practical utility of stablecoins for remittances and savings in inflation-prone economies. Notable gains were seen in Pakistan, which rose to third, while Nigeria fell to sixth despite growth. The overall adoption rankings are influenced by retail and institutional crypto value received, along with decentralized services. The report highlights the significant role of Bitcoin, which led with over $4.6 trillion in fiat inflows, while other tokens and stablecoins followed. Greater regulatory clarity and the legitimization of crypto in finance have been pivotal for US corporations and investors.
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