Bybit and DL Research unveiled the Global Crypto Rankings 2025 report, positioning Singapore as the top country for cryptocurrency adoption, followed by the United States, among 79 analyzed nations.
The report’s findings emphasize Southeast Asia's pivotal role in cryptocurrency integration, spotlighting stablecoins and tokenization trends, while impacting global markets with profound insights into crypto adoption.
The report, using 28 indicators and 92 data points, positions Singapore as a leader in cryptocurrency adoption, followed by the United States. The findings underscore the APAC region's growing influence on the global financial landscape.
Key Findings
Bybit and DL Research released the 2025 Global Crypto Rankings Report, covering 79 countries. Singapore tops the list in global crypto adoption. Helen Liu, Co-CEO of Bybit Group, stated, “The rise of the Asia-Pacific region in the cryptocurrency space is influencing the global financial landscape. The 'World Crypto Ranking Report' highlights how the region is leading the industry, whether through Singapore's regulatory policies, Vietnam's grassroots adoption, or the Philippines' efforts in promoting financial inclusion.” The report assesses crypto adoption and integration using 28 indicators and 92 data points. Bybit and DL Research jointly analyzed macro indicators. Singapore, United States, and others featured prominently in adoption rankings.
Emerging Trends in Crypto
The report indicates growing use of tokenization protocols, with a 63% surge in real-world asset tokenization. Additionally, local stablecoins emerge as nations explore currency-backed digital assets. This reflects a broader uptake of stability tools in crypto use. Asia-Pacific regions, particularly Singapore, have coherent regulatory frameworks, enhancing crypto adoption rates. This positions these areas as leaders in the ongoing digital currency revolution, marking a significant shift for the region.
Impact on Merchant Adoption
With crypto payment acceptance tripling, merchant adoption is steadily increasing. Stablecoins dominate this growth, offering a stable settlement medium. This aligns with broader financial digitization trends observed in developing markets. Insights from this report suggest sustained growth in crypto-friendly regulations, driving innovation and adoption across multiple sectors.