Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO

According to Gronager, the real volume of crypto is closely tied to countries like the U.S. and others. He mentioned, “The story we are trying to tell you is more like saying crypto users per capita. So basically, how many people are using crypto within the country. The adoption rate indicates who’s holding crypto for the average people in countries. In the U.S., this number is lower than it is, for example, in India.”

It’s interesting to see how the adoption of cryptocurrencies varies from one country to another, indicating the global reach and impact of this digital asset. As more people around the world start using crypto, it will be fascinating to observe how this trend evolves over time.