Asia Overtakes U.S. and Europe in Digital-Asset Growth

Asia is rapidly outpacing the United States and Europe in cryptocurrency adoption, establishing itself as the world’s most dynamic market for digital assets.
From retail trading to institutional investment and corporate treasury management, the Asia–Pacific region (APAC) is now driving the sector’s fastest expansion.
Fresh analysis from blockchain research firm CryptoQuant highlights the momentum. Its Korea Premium Index, which measures Bitcoin trading volumes on Korean exchanges relative to global averages, has remained positive all year, fluctuating between +1.5% and +8%. The steady premium signals strong, sustained demand from Korean investors.
Liquidity is also shifting eastward. CryptoQuant data show that the ratio of Bitcoin reserves on U.S. exchanges to those overseas fell from 0.10 in late 2024 to –0.24 by September 2025, reflecting a marked flow of institutional and retail capital toward global platforms such as Binance and OKX.
Trading Volumes Surge
According to Chainalysis, overall trading activity in APAC soared 69% year over year, jumping from $1.4 trillion in June 2024 to $2.36 trillion by June 2025. Vietnam, Pakistan, India, and South Korea were among the biggest contributors, making the region the fastest-growing crypto market worldwide.
Growth extends well beyond trading. A report by Fireblocks shows that 56% of Asian corporations actively use stablecoins, with another 40% preparing to adopt them soon, a much higher rate than in Europe or North America. Clear regulatory frameworks are helping: Hong Kong has rolled out formal rules for stablecoins, while China and Japan closely monitor similar developments.
Asian companies are also moving aggressively into Bitcoin treasury management. Roughly 21 firms across China, Japan, Hong Kong, Singapore, and South Korea now hold Bitcoin on their balance sheets, and some governments are exploring national crypto reserves.
Notable players include Metaplanet, which aims to accumulate 210,000 BTC by 2027 and already controls more than 25,000 BTC. Taiwan-based Sora Ventures has launched diversified funds for long-term accumulation, and Hong Kong’s HashKey Group recently introduced a $500 million multi-asset DAT fund to build strategic digital reserves.
Regulatory clarity, accelerating adoption, and relentless innovation are solidifying Asia’s position as the world’s crypto growth engine. With both institutional and retail participation climbing, the region is no longer just a fast follower, it is setting the pace for global digital-asset markets.




