Nearly 25% of Online Adults in Asia Pacific May Hold Crypto, Report Finds
Digital asset adoption in the Asia Pacific region faces hurdles despite significant potential. A Protocol Theory survey of 4,000 adults across 10 jurisdictions suggests nearly one-quarter of internet-connected individuals own cryptocurrencies. Emerging markets show particular affinity for stablecoins, with 18% adoption rates.
Barriers to broader adoption remain pronounced. Limited access to traditional financial services and cumbersome usability continue to restrain growth. Half of crypto-aware respondents expressed intent to use digital assets within the next year, signaling latent demand despite current low utilization.
The study spanned diverse economies including India, Singapore, and Australia, with UAE included for comparative analysis. Market maturation appears contingent on solving integration challenges for everyday financial activities.
