Global crypto adoption surged in 2025, with South Asia emerging as the fastest-growing region and the United States maintaining its dominance in overall transaction volume, according to the 2025 Crypto Adoption and Stablecoin Usage Report published Tuesday by TRM Labs.
The report found that countries including India and Pakistan saw an 80% increase in crypto adoption between January and July 2025 compared to the same period a year earlier, reaching around $300 billion in transaction volume.
TRM attributed this momentum to favorable regulatory moves, including the GENIUS Act and the White House’s 180-Day Digital Assets Report, both of which have helped provide greater clarity for institutional players. A major driver of adoption, the report said, was the rapid rise of stablecoins, which now account for about 30% of all crypto transactions.
Meanwhile, the US recorded strong growth in trading and transaction activity, with total volume rising 50% in the first seven months of 2025 to exceed $1 trillion.
“In some jurisdictions, adoption has accelerated in response to regulatory clarity and institutional access; in others, it has expanded despite formal restrictions or outright bans,” the report said. “These contrasting dynamics point to a consistent trajectory: crypto is moving further into the financial mainstream. A key trend underscoring this shift is the rise of stablecoins.”
TRM said this reflects crypto’s growing utility for payments, remittances, and value preservation during periods of macroeconomic instability.
