{"id":53765,"date":"2025-09-03T16:46:14","date_gmt":"2025-09-03T13:46:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53765"},"modified":"2025-09-03T16:50:59","modified_gmt":"2025-09-03T13:50:59","slug":"russia-and-ukraine-fall-in-chainalysis-cryptocurrency-adoption-rankings","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/russia-and-ukraine-fall-in-chainalysis-cryptocurrency-adoption-rankings\/","title":{"rendered":"Russia and Ukraine Fall in Chainalysis Cryptocurrency Adoption Rankings"},"content":{"rendered":"<p>Ukraine and Russia have been ranked eighth and tenth, respectively, in the 2025 Global Cryptocurrency Adoption Index by the analytics firm Chainalysis.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83c\udf0f The Chainalysis 2025 Global Cryptocurrency Adoption Index is L I V E! <\/p>\n<p>Here\u2019s a snapshot of what we found: <br \/>\ud83d\udd39APAC is emerging as the fastest-growing region<br \/>\ud83d\udd39Eastern Europe countries dominate the index, when adjusted for population <br \/>\ud83d\udd39 Stablecoins are surging globally for a\u2026 <a href=\"https:\/\/t.co\/XGdbscCq48\">pic.twitter.com\/XGdbscCq48<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1963210458703245812?ref_src=twsrc%5Etfw\">September 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The top five are led by India, the United States, Pakistan, Vietnam, and Brazil. Nigeria, Indonesia, and the Philippines also made it into the top 10.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Regional Leaders\u00a0<\/h2>\n<p>The Asia-Pacific region has emerged as the leader in the growth rate of cryptocurrency transactions. The volume increased by 69% \u2014 from $1.4 trillion to $2.36 trillion. Significant contributions came from key markets such as India, Vietnam, and Pakistan.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"666\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-1024x666.png\" alt=\"2025-geos-report-formatted-charts\" class=\"wp-image-265034\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-1024x666.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-300x195.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-768x499.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-1536x998.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Chainalysis.\u00a0<\/figcaption><\/figure>\n<p>In Latin America, crypto transaction volumes grew by 63% over the year. The Middle East and North Africa showed a more modest growth of 33%.\u00a0<\/p>\n<p>North America and Europe remain leaders, accounting for over $2.2 trillion and $2.6 trillion, respectively.\u00a0<\/p>\n<p>Chainalysis highlighted that the dominance of these regions is due to improved regulatory frameworks for crypto assets and institutional demand, bolstered by the launch of spot Bitcoin ETFs.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">USDT and USDC Yield to Smaller Stablecoins\u00a0\u00a0<\/h2>\n<p>The majority of stablecoin transactions still involve USDT and USDC. From June 2024 to June 2025, Tether&#8217;s stablecoin monthly transfer volume exceeded $1 trillion, while Circle&#8217;s asset ranged from $1.23 trillion to $3.28 trillion.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cHowever, a deeper analysis reveals an interesting trend. USDT and USDC showed fluctuations and slight volatility, while smaller stablecoins like EURC, PYUSD, and DAI demonstrated rapid growth,\u201d experts noted.\u00a0<\/p>\n<\/blockquote>\n<p>The average monthly increase in EURC transaction volume was about 89%. Meanwhile, its 30-day turnover rose from $47 million in June 2024 to $7.5 billion by June 2025. A similar situation occurred with PYUSD, which jumped from $783 million to $3.95 billion over the same period.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"666\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-2-1024x666.png\" alt=\"2025-geos-report-formatted-charts-2\" class=\"wp-image-265036\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-2-1024x666.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-2-300x195.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-2-768x499.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-2-1536x998.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-2.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Chainalysis.\u00a0<\/figcaption><\/figure>\n<p>Analysts attributed this trend to local needs and regulations.\u00a0<\/p>\n<p>\u201cThe growth of USDC is closely linked to American institutional systems and regulated avenues, while the popularity of EURC indicates a growing interest in euro-denominated digital assets, possibly due to MiCA-compliant platforms and their integration into European fintech,\u201d the Chainalysis report stated.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin: The Main Gateway to the Crypto Economy<\/h2>\n<p>Analysts also examined cryptocurrency purchases on <span data-descr=\"centralized exchanges\" class=\"old_tooltip\">CEX<\/span> paired with fiat. Among all digital assets, Bitcoin led by a wide margin, accounting for $4.6 trillion over the year.\u00a0<\/p>\n<p>The top five included L1 blockchain tokens, stablecoins, altcoins, and low-liquidity coins.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"666\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-3-1-1024x666.png\" alt=\"2025-geos-report-formatted-charts-3\" class=\"wp-image-265037\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-3-1-1024x666.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-3-1-300x195.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-3-1-768x499.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-3-1-1536x998.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/2025-geos-report-formatted-charts-3-1.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Chainalysis.\u00a0<\/figcaption><\/figure>\n<p>In the <a href=\"https:\/\/forklog.com\/en\/news\/ukraine-and-russia-among-top-10-in-global-crypto-adoption\">2024 Global Cryptocurrency Adoption<\/a> rankings by Chainalysis, India, Nigeria, Indonesia, the United States, and Vietnam topped the list.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ukraine and Russia have been ranked eighth and tenth, respectively, in the 2025 Global Cryptocurrency Adoption Index by the analytics firm Chainalysis.<\/p>\n","protected":false},"author":1,"featured_media":53766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"The top five are led by India, the United States, Pakistan, Vietnam, and Brazil.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,27,16],"class_list":["post-53765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-russia","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"293","promo_type":"1","layout_type":"1","short_excerpt":"The top five are led by India, the United States, Pakistan, Vietnam, and Brazil.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53765"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53765\/revisions"}],"predecessor-version":[{"id":53767,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53765\/revisions\/53767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/53766"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}