TRM Labs Report: India and the United States Lead Global Crypto Adoption, Stablecoin Transactions Hit a New High

PANews reported on October 22nd that, according to The Block, TRM Labs released its "2025 Crypto Adoption and Stablecoin Usage Report," which stated that global crypto adoption accelerated from January to July 2025, with South Asia showing the fastest growth. India led the market for the third consecutive year, followed by the United States, Pakistan, the Philippines, and Brazil. US market trading volume increased by approximately 50% year-on-year, exceeding $1 trillion in the first seven months, driven by the GENIUS Act and the White House's 180-day digital asset report. Stablecoin trading accounts for approximately 30% of total crypto volume, reaching $4 trillion by August, an 83% year-on-year increase. Tether and Circle account for approximately 93% of the market capitalization. Retail trading increased by over 125% year-on-year from January to September, primarily for payments, remittances, and risk hedging.

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Author: PA一线

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