Asia outpaces US and Europe to lead global crypto adoption

TL;DR Breakdown

Asia has registered a growth in crypto adoption, outpacing Europe and the United States.
CryptoQuant lists several metrics that show the region is performing better.
The APAC region is also benefiting from friendly regulations and innovations in the crypto industry.

Asia has experienced a rapid growth in crypto adoption, outpacing giants like the United States and Europe, according to a CryptoQuant report. In the report, CryptoQuant noted that the region has seen a huge rise in several activities, including trading, institutional investment, and retail activities.

In addition, the report mentioned that crypto adoption in the Asian Pacific (APAC) region has also grown rapidly, performing better than most regions in terms of trading volume. The CryptoQuant analysts pointed to the Korea Premium Index, a metric that measures how much Bitcoin trades on exchanges in Korea compared to global averages. The report mentioned that the index has remained positive since the beginning of the year, trading between +1.5% and 8%.

Asia outperforms other regions in crypto adoption in 2025

According to the CryptoQuant report, the consistently positive figure reflects that Korean traders are actively demanding and trading digital assets. Meanwhile, the Bitcoin Exchange Reserve Ratio, the metric that compares United States-based exchanges to offshore exchanges, indicates a clear eastward movement of liquidity. Per the report, the ratio dropped drastically, moving from 0.10 in late 2024 to around -0.24 in September 2025.

The report claimed that both institutional and retail crypto investors are constantly moving their activities to exchanges outside the country, with platforms like Binance and OKX taking the lead in that aspect. Data from Chainalysis also buttresses the scale of this growth. Chainalysis mentioned that APAC’s trading volume rose 69% year-over-year, moving from $1.4 trillion in June 2024 to $2.36 trillion in June 2025.

According to Chainalysis, major contributors to the numbers in the Asian region include Vietnam, Pakistan, South Korea, and India, making the region the fastest-growing crypto market in 2025. The combined trend also shows that the APAC region could become a driving force in the next crypto market cycle, especially if adoption continues to grow at this steady rate.

Asia’s crypto market growth is also reflected in the massive growth witnessed by stablecoins and corporate crypto treasuries. According to a report by Fireblocks, about 56% of firms based in Asia use stablecoins. In addition, the report claims that more than 40% have also been discussing adopting stablecoins, a move that will help Asia, putting it ahead of other global powerhouses like Europe and North America.

Regulation and innovation boost APAC

According to several reports, one of the things that has helped the crypto adoption rate in Asia has been regulatory clarity and innovation. Those two activities have strengthened the stablecoins ecosystem of the region, with places like Hong Kong looking forward to developing frameworks for adoption, while the likes of Japan and China are also looking to do the same.

In addition to the regulations and innovation, there has also been a rise in the number of corporate companies holding Bitcoin treasuries. According to records, about 21 treasury firms are spread across several Asian countries, including Singapore, South Korea, Japan, Thailand, and China. In addition to these firms holding Bitcoin, the governments in some of these countries have also signaled interest in establishing national crypto reserves.

Firms like Metaplanet lead Asia’s Bitcoin treasury industry, with the company announcing commitments towards acquiring 210,000 Bitcoin by 2027. Other firms like Sora Ventures, based in Taiwan, have also launched their treasuries, announcing long-term accumulation targets. This is an indication that the region is primed for huge growth over the next few years. Other initiatives include HashKey Group’s $500 million fund.