Emerging economies are leading the crypto army on its quest to become a global phenomenon, and smaller countries are already outpacing developed nations in their share of cryptocurrency usage.
According to Chainalysis, the global crypto adoption increased a whopping 880% over the last year, mainly thanks to P2P trading activity and the nature of Bitcoin as a store of value free from government control..
Global Crypto Adoption Index. Image: Chainalysis
Smaller Countries Are More Crypto Friendly
The global landscape looks very different from last year. According to this year’s Global Crypto Adoption Index, Vietnam, India, and Pakistan rank as the countries with the highest rate of cryptocurrency adoption. Last year, India and Pakistan did not even appear on the list, and Vietnam was ranked number 10.
Global Crypto Adoption Index (2020 vs 2021). Image: Chainalysis
Russia, Ukraine, and Venezuela —the leaders in 2020— slid down in the ranking. Ukraine fell to No. 4, Venezuela moved to
Źródło: https://cryptopotato.com/crypto-adoption-increased-880-percent-2021-chainalysis/
