Overview
- Chainalysis published its 2026 Global Crypto Adoption Index on September 23 and ranked Brazil first for grassroots crypto adoption while reporting about $9.4 trillion in on‑chain activity for the year through June 30.
- The broader crypto market lost roughly 50% of its market value during the reporting period, but measured on‑chain economic activity fell only about 1.6%, highlighting a split between asset prices and transaction flows.
- Stablecoins were central to that resilience, making up roughly 96% of domestic peer‑to‑peer transfers and holding steady on‑chain balances between $98 billion and $109 billion through the downturn.
- Retail and domestic wallet transfers rose sharply, with transactions under $100 up about 78% and those between $100 and $1,000 up about 58–59%, while domestic P2P value surged and stablecoin P2P jumped significantly.
- Cross‑border stablecoin flows climbed about 77.5% to $220.3 billion with monthly volumes doubling to roughly $24 billion and an average transfer near $3,000, but value remains concentrated in top corridors even as thousands of new routes emerged; clearer rules in major markets could determine whether firms turn these flows into regular payment services that affect remittances and supplier payments.