India ranked first and the U.S. second within the Chainalysis International Crypto Adoption Index for 2025. Pakistan, Vietnam, and Brazil additionally made it into the highest 5.
Supply: U.S. Embassy & Consulates in India
Chainalysis revealed its sixth annual International Crypto Adoption Index, analyzing digital asset utilization in 151 international locations. India topped the index for the third yr in a row however, for the primary time, leads in all main classes.
Analysts word that the U.S. took second place because of the approval of spot Bitcoin ETFs and the rising participation of conventional monetary establishments.
Key figures and insights from the report:
- India ranked first in retail (<$10,000) and institutional (>$1 million) transactions, in addition to within the quantity of exercise on centralized and decentralized companies.
- The APAC area recorded a 69% year-over-year improve in crypto transaction quantity — from $1.4 trillion to $2.36 trillion. Latin America grew by 63%, Africa by 52%, North America by 49%, Europe by 42%, and MENA by 33%.
- In absolute phrases, Europe ($2.6 trillion) and North America ($2.2 trillion) led in complete crypto transaction quantity.
- The quantity of fiat-to-crypto purchases within the U.S. exceeded $4.2 trillion, 4 occasions greater than South Korea, which ranked second on this metric.
Jap Europe emerged as an surprising chief in per-capita crypto exercise, with Ukraine, Moldova, and Georgia within the high three. The report highlights that financial instability, inflation, and mistrust in banks are driving curiosity in digital property.
The stablecoin market stays dominated by dollar-pegged USDT and USDC. Nevertheless, the euro-pegged EURC grew a mean of 89% monthly, rising from $47 million in June 2024 to $7.5 billion in June 2025. PYUSD’s market cap additionally expanded from $783 million to $3.95 billion over the identical interval.
Bitcoin stays the primary gateway into crypto markets, with fiat purchases totaling $4.6 trillion. Between July 2024 and June 2025, customers purchased greater than $10.2 trillion value of cryptocurrencies on CEXs by way of fiat pairs.
The index outcomes present that crypto moved past being a distinct segment device and is more and more used at each retail and institutional ranges. India and the U.S. are setting the worldwide pattern, however the efficiency of Asian and Latin American international locations signifies that the middle of crypto-economics is shifting towards rising markets.
In final yr’s Chainalysis index, India and Nigeria confirmed the best charges of adoption, with Indonesia, the U.S., and Vietnam additionally rating within the high 5.
Сообщение India and U.S. Lead International Crypto Adoption Index in 2025 появились сначала на CoinsPaid Media.