Leadership of Asia and the US in the Global Crypto Market

Changes in the Global Crypto Market

The global crypto market continues to evolve into different layers. Asia leads in daily usage, while the USA reinforces its role as a corporate and regulatory hub.

Asia's Dominance

CoinDesk's Global Digital Asset Adoption Index shows that Asia ranks highest in market trading volumes, stablecoin flows, and ownership rates. This situation is increasing Asia's influence over crypto exchanges.

The USA's Corporate Role

At the same time, the USA continues to lead in exchange-traded products, custody services, and compliant capital formation. The differences between these two regions highlight how market dynamics are shaped.

The Role of Stablecoins

Stablecoins emphasize the distinction between these two regions. While they generally serve trading and collateral functions in advanced markets, they play a significant role in emerging economies, particularly in Latin America, in providing remittances, cross-border trade, and protection against inflation.