{"id":90140,"date":"2025-10-22T11:26:24","date_gmt":"2025-10-22T08:26:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90140"},"modified":"2025-10-22T11:31:42","modified_gmt":"2025-10-22T08:31:42","slug":"retail-crypto-transactions-up-125-since-january","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/retail-crypto-transactions-up-125-since-january\/","title":{"rendered":"Retail crypto transactions up 125% since January"},"content":{"rendered":"<p>From January to September 2025, the volume of global retail transactions in digital assets rose by 125%, according to a report by <a href=\"https:\/\/www.trmlabs.com\/reports-and-whitepapers\/2025-crypto-adoption-and-stablecoin-usage-report\">TRM Labs<\/a>.<\/p>\n<p>South Asia was the fastest-growing region for crypto adoption, with an 80% jump to $300 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"723\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-97af7ab1b3b7a007-7514080616301251-1024x723.png\" alt=\"image\" class=\"wp-image-267975\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-97af7ab1b3b7a007-7514080616301251-1024x723.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-97af7ab1b3b7a007-7514080616301251-300x212.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-97af7ab1b3b7a007-7514080616301251-768x542.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-97af7ab1b3b7a007-7514080616301251-1536x1084.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-97af7ab1b3b7a007-7514080616301251.png 1780w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Ukraine and Russia ranked 10th and 13th, respectively. Source: TRM Labs.<\/figcaption><\/figure>\n<p>India topped the global ranking. Analysts said its lead is \u201cdriven by interest in digital assets among its large young population.\u201d<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cDemand for cryptocurrency as an asset class is also growing among institutional investors and high-net-worth investors, which is helping to accelerate the adoption of digital assets in India,\u201d the specialists added.<\/em><\/p>\n<\/blockquote>\n<p>Pakistan also made the top three, where user-level adoption has been supported by the state. In March the government <a href=\"https:\/\/forklog.com\/en\/news\/pakistan-establishes-council-to-promote-cryptocurrency\">created<\/a> a special Crypto Council.<\/p>\n<p>Notably, adoption is also strengthening in countries where digital assets are banned. The top 50 includes Bangladesh (14th), Egypt (20th), Morocco (21st), Algeria (33rd) and Tunisia (42nd).<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThis confirms that blanket bans are ineffective and can in fact strengthen incentives for illegal activity via such P2P and <span data-descr=\"over-the-counter\" class=\"old_tooltip\">OTC<\/span> deals,\u201d TRM Labs stressed.<\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">United States<\/h2>\n<p>The United States ranks second for crypto adoption. According to TRM Labs, the country\u2019s digital-asset transaction volume increased by 50% to more than $1 trillion.<\/p>\n<p>Experts said organic growth began in 2023 but intensified in 2024 and 2025 amid \u201cpolitical, regulatory and structural factors\u201d.<\/p>\n<p>Analysts singled out Donald Trump\u2019s election campaign, which <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-opens-cryptocurrency-donation-channel\">began accepting<\/a> donations in digital assets. His <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-becomes-47th-president-of-the-united-states-implications-for-the-crypto-industry\">victory in the US presidential election<\/a> triggered a surge in crypto activity:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cTRM analysis showed that US web traffic to <span data-descr=\"virtual asset service providers\" class=\"old_tooltip\">VASP<\/span> websites grew by 30% in the six months after the election compared with the prior period.\u201d<\/em><\/p>\n<\/blockquote>\n<p>Further steps to create clearer rules for the crypto market bolstered participants\u2019 confidence. In particular, specialists highlighted the <a href=\"https:\/\/forklog.com\/en\/news\/us-house-passes-three-cryptocurrency-bills\">passage of<\/a> the GENIUS Act and CLARITY Act and the <a href=\"https:\/\/forklog.com\/en\/news\/white-house-working-group-to-assess-a-national-crypto-reserve\">creation<\/a> of a digital assets working group under the US president.<\/p>\n<h2 class=\"wp-block-heading\">Stablecoins<\/h2>\n<p>\u201c<a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoins<\/a>\u201d continue to play the leading role in global crypto adoption, TRM Labs said. They accounted for 30% of digital-asset transaction volume.<\/p>\n<p>The volume of fiat\u2011pegged assets reached a record\u2014over $4 trillion\u2014up 83% year on year. The market share of leading stablecoins \u2014 <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tether-usdt\">USDT<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a> \u2014 rose by 52% over the period.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5798d589ffb8c073-7514132200248856-1024x576.png\" alt=\"image\" class=\"wp-image-267976\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5798d589ffb8c073-7514132200248856-1024x576.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-5798d589ffb8c073-7514132200248856-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-5798d589ffb8c073-7514132200248856-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-5798d589ffb8c073-7514132200248856-1536x864.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-5798d589ffb8c073-7514132200248856.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">USDT and USDC market capitalisation versus other stablecoins. Source: TRM Labs.<\/figcaption><\/figure>\n<p>About 99% of stablecoin transactions are unrelated to crime. Yet in the first quarter they accounted for 60% of all illicit crypto volume.<\/p>\n<p>Investment fraud was the main source of growth in illegal activity. But if \u201cstablecoins\u201d are excluded from the analysis, sanctions\u2011evasion schemes become the primary driver of illicit flows.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f78f641edd549c72-7514147087924545-1024x576.png\" alt=\"image\" class=\"wp-image-267977\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f78f641edd549c72-7514147087924545-1024x576.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-f78f641edd549c72-7514147087924545-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-f78f641edd549c72-7514147087924545-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-f78f641edd549c72-7514147087924545-1536x864.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-f78f641edd549c72-7514147087924545.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Categories of illicit activity that use stablecoins. Source: TRM Labs.<\/figcaption><\/figure>\n<p>In May, Alec Beckman of Psalion <a href=\"https:\/\/forklog.com\/en\/news\/cryptocurrency-adoption-predicted-to-reach-11-by-year-end\">forecast<\/a> that user adoption of digital assets would reach 10% by the end of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From January to September 2025, global retail digital-asset transactions rose 125%, TRM Labs said.<\/p>\n","protected":false},"author":1,"featured_media":90141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"South Asia led digital-asset adoption","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,278,36,807,26],"class_list":["post-90140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-india","tag-regulation","tag-stablecoins","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"149","promo_type":"1","layout_type":"1","short_excerpt":"South Asia led digital-asset adoption","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90140","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=90140"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90140\/revisions"}],"predecessor-version":[{"id":90142,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90140\/revisions\/90142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90141"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}