The United States has surged to the second-highest position in global crypto adoption, marking a major milestone in the digital financial world. Between July 2024 and June 2025, while regulatory oversight and debates over spot Bitcoin ETFs continued, American retail and institutional investors increasingly turned to cryptocurrencies.
This trend is not isolated to a single country but reflects a broader global crypto adoption pattern, with APAC nations like India, Pakistan, and Vietnam leading the charge, and North America quickly catching up. Experts note that this momentum highlights the growing integration of digital assets into mainstream financial systems and underscores their strategic importance in global finance.
APAC Leads the Global Crypto Adoption Surge
According to Chainalysis’ Global Crypto Adoption Index, APAC remains the fastest-growing region for crypto activity, with total on-chain transaction volume rising 69% year-over-year from $1.4 trillion to $2.36 trillion. India continues to hold the top position, while Pakistan and Vietnam are emerging as strong regional hubs.
“APAC’s adoption trends are shaping the global crypto landscape,” said Maria Lopez, Senior Analyst at Chainalysis. This growth illustrates the region’s continuing influence and the critical role of emerging markets in driving overall global crypto adoption.
North America and Europe Strengthen Their Position
North America recorded $2.2 trillion in crypto transactions, a 49% increase, while Europe saw $2.6 trillion with a 42% rise. Analysts say the combination of retail participation, institutional investment, and clearer regulations is fueling continued global crypto adoption in these regions.
“North America’s rise in crypto activity demonstrates that investor confidence is strengthening despite regulatory challenges,” stated David Chen, Financial Technology Consultant.
Growth Across Latin America, Africa, and MENA
Crypto adoption also expanded across Latin America, Sub-Saharan Africa, and the MENA region, with transaction volumes increasing 63%, 52%, and 33% respectively. Total transaction volume surpassed half a trillion dollars.
These figures show that cryptocurrencies are increasingly embedded in daily financial practices in emerging markets, acting as tools for remittances, retail payments, and investment, further emphasizing global crypto adoption.
Eastern Europe and the Middle East Show Unexpected Gains
Adjusted for population, Eastern European nations such as Ukraine, Moldova, and Georgia demonstrate significant adoption, with Jordan ranking fourth in the Middle East. Analysts highlight that these emerging hotspots reflect growing interest in digital assets beyond traditional markets.
“These countries are redefining adoption patterns, proving crypto is truly global,” said Elena Petrova, Crypto Market Researcher.
Stablecoins Driving Market Momentum
Stablecoins continue to play a pivotal role in global crypto adoption. Between June 2024 and June 2025, USDT processed over $1 trillion per month, peaking at $1.14 trillion, while USDC ranged from $1.24 trillion to $3.29 trillion, peaking in October 2024.
Smaller stablecoins like EURC and PYUSD recorded rapid growth, highlighting the increasing demand for diverse stablecoin options and their role in global financial systems.
Bitcoin Remains the Leading Gateway
Bitcoin dominated fiat on-ramping with over $4.6 trillion in inflows, followed by Layer 1 tokens at $3.8 trillion, stablecoins at $1.3 trillion, and altcoins at around $540 billion. Analysts emphasize Bitcoin’s pivotal role in global crypto adoption, serving as both an entry point for new investors and a stable pillar in the digital financial ecosystem.
North America’s Momentum Continues
Despite ongoing regulatory discussions, North America continues its upward trajectory in global crypto adoption. Experts believe that clear guidelines, institutional involvement, and technological innovation will accelerate adoption further, while maintaining investor confidence and ensuring stability in the evolving crypto market.