Data shows that growing transaction volume for centralized services and the explosive growth of DeFi are driving cryptocurrency usage in the developed world and in countries that already had substantial adoption, while P2P platforms are driving new adoption in emerging markets.
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The 2021 Global Crypto Adoption Index: Worldwide adoption jumps over 880% with P2P platforms driving cryptocurrency usage in emerging markets
Our data shows that residents of more and more countries around the world are taking the dive into cryptocurrency or seeing existing adoption increase. In the chart below, we applied our index methodology globally by adding up all 154 countries’ index scores — made up of the three components we describe above — for each quarter from Q2 2019 to the present.
