Stablecoin Volumes: Surge in APAC Adoption
Stablecoin payment volumes spike MoM in APAC, with two-thirds from Singapore, Hong Kong, Japan amid scaling adoption.
SourceStablecoin payment volumes are exploding month-over-month in APAC as adoption ramps up aggressively, according to a16z crypto. Nearly two-thirds of global activity funnels from Asia, dominated by hubs like Singapore, Hong Kong, and Japan, signaling a massive shift in crypto payment volumes that outpaces even Bitcoin trends in the region over the past six months. This surge underscores stablecoin adoption in APAC as a key driver for broader crypto market growth, with Asia stablecoin market leading in transaction scale amid regulatory tailwinds.
Daniel Oon
@EauDoonHead of DeFi @0xPolygon Labs | @0xPolygonDeFi | Former @AlgoFoundation @Tezos @Deloitte