Outlook Money
The World Crypto Rankings 2025 report by Bybit and DL Research shows that India has secured a place among the world’s top 10 countries for crypto transactional use.
Indonesia ranks tenth, with a transactional use index of 0.68, as stablecoins gain traction for everyday payments and cross-border use.
India ranks ninth, with a transactional use index of 0.69, reflecting rising interest in remittances, digital payments, and blockchain-based finance.
The Netherlands ranks eighth, with a transactional use index of 0.71, driven by strong digital infrastructure and commerce-related transactions.
Pakistan ranks seventh, with a transactional use index of 0.73, with stablecoins increasingly used for remittances, savings protection, and digital access.
The United Kingdom ranks sixth, with a transactional use index of 0.73, supported by fintech adoption and cross-border business settlements.
Kenya ranks fifth, with a transactional use index of 0.75, as stablecoins complement mobile money and enable low-cost international transfers.
Vietnam ranks fourth, with a transactional use index of 0.81, reflecting growing use in retail payments, cross-border trade, and digital finance.
Nigeria ranks third, with a transactional use index of 0.82, where stablecoins are widely used to manage currency volatility, remittances, and everyday transactions.
The United States ranks second, with a transactional use index of 0.92, driven by strong adoption in on-chain settlements, business payments, and digital commerce.
Ukraine tops the list, with a transactional use index of 1.00, with stablecoins playing a key role in cross-border transfers, emergency payments, and digital financial access.