India and the United States at the top of the world in the adoption of cryptocurrency this year, according to the Geography of Cryptocurrency report of the geography of the cryptocurrency of Chainalysy, stressing how the base and the institutional forces shape the trajectory of the market.
The sixth edition of the annual index of the global adoption of cryptography classified India first in all the measured subcategories, from retail trade to institutional flows. The United States has climbed second in the general classification, stimulated by the growth of institutional participation following the approval of negotiated funds in exchange for Bitcoin Spot Bitcoin (ETF). Pakistan, Vietnam and Brazil complete the first five.
Asia-Pacific has become the fastest growth region, the volume of 69% soaring chain transactions in annual sliding at 2.36 billions of dollars, caused by a generalized activity in India, Pakistan and Vietnam.
Latin America followed with growth of 63%, while sub -Saharan Africa increased by 52% on the back of the sending of funds and daily payments. North America and Europe have continued to dominate in absolute terms, with 2.2 billions of dollars and 2.6 billions of dollars received respectively in the past year.
Stablecoins remain a pillar of global adoption with the USDT) and the USDC representing billions of monthly flows.
The EURC supported by Euro de Circle, launched under the European mica regime, increased almost 90% per month, reaching $ 7.5 billion by June 2025. Pyusd de Paypal has also accelerated, from $ 783 million to 3.95 billion dollars.
Payment giants, including Visa and Mastercard, also deployed products related to Stablescoin.
Bitcoin remains the main entry point for the Fiat ramps, attracting 4.6 billions of dollars from entries between July 2024 and June 2025, more than double the next category, layers of layer 1 excluding BTC and ETH. The United States remains the largest fiat ramp in the world at $ 4.2 billions of dollars, four times South Korea.
Chainalysis notes that adoption is wide at all income levels, with high, medium -term and low -income countries increases in tandem, although the latter remain more vulnerable to shocks.
