India and the United States lead the world in the adoption of cryptocurrencies this year, according to the geography of the Cainal chain of the cryptocurrency report, underlining how both the bases and institutional forces are shaping the market trajectory.
The sixth edition of the Annual Global Cryptocurrency Adoption Index classifies India first in each subcategory measured, from retail flows to institutional flows. The United States rose to the second in general, promoted by an increased institutional participation after the approval of the funds quoted in the Bitcoin Spot Stock (ETF). Pakistan, Vietnam and Brazil complete the first five.
Asia-Pacific arose as the fastest growing region, with a volume of chain transactions that rose 69% year after year to $ 2.36 billion, driven by a generalized activity in India, Pakistan and Vietnam.
Latin America continued with a growth of 63%, while sub -Saharan Africa expanded 52% in the back of remittances and daily payments. North America and Europe continued to dominate in absolute terms, with $ 2.2 billion and $ 2.6 billion received respectively during the past year.
The stable remain a pillar of global adoption with USDT) and the USDC represents billions in monthly flows.
The EURC backed by euro, launched under the Mica in Europe regime, grew almost 90% month by month, reaching $ 7.5 billion in June 2025. Paypal Pyusd also accelerated, increasing from $ 783 million to $ 3.95 billion.
Payments giants, including Visa and Mastercard, have also implemented products related to Stablecoin.
Bitcoin remains the main point of entry for fiduciary input ramps, attracting $ 4.6 billion in tickets between July 2024 and June 2025, more than double the following category, layer 1 tokens excluding BTC and ETH. The United States is still the largest fiduciary entrance ramp in the world at $ 4.2 billion, four times South Korea.
The chain of the chain indicates that the adoption is broad base at all income levels, with high, medium and low income countries that increase in tandem, although the latter remain more vulnerable to shocks.
