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Non-USD Stablecoins Gain Traction Amid Regional Adoption Surge
Non-USD Stablecoins Gain Traction Amid Regional Adoption Surge
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BTCCSquare news:
Non-USD stablecoins are experiencing significant growth, driven by regional adoption in Latin America and Southeast Asia. Brazil alone accounts for 55% of the total transaction volume, with Polygon emerging as the dominant blockchain for these assets.
From Q4 2024 to August 2025, 23 non-USD stablecoins facilitated over 20,000 weekly transactions, peaking above 60,000 in early 2025. SGD- and BRL-pegged stablecoins are leading the charge, while Euro-based tokens benefit from MiCA regulatory tailwinds.
Latin America's dominance contrasts with Asia's steady growth, where China is reportedly considering a stablecoin despite its restrictive crypto policies. The trend underscores a broader shift toward localized digital assets in emerging markets.
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