The post Ukraine, Nigeria, Vietnam Lead Global Crypto Use appeared on BitcoinEthereumNews.com. Home » Crypto News Stablecoins emerge as the most widely used cryptoThe post Ukraine, Nigeria, Vietnam Lead Global Crypto Use appeared on BitcoinEthereumNews.com. Home » Crypto News Stablecoins emerge as the most widely used crypto

Ukraine, Nigeria, Vietnam Lead Global Crypto Use

4 min read

Home » Crypto News


Stablecoins emerge as the most widely used crypto product, driving adoption across both advanced and emerging markets.

‘;
}

function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);

const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);

scriptEl.src = scriptURL.toString();

// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}

function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}

// Initial Load for Desktop
if (window.innerWidth > 768) {

const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}

// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}

// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();



Summarize with AI



Summarize with AI

Bybit’s latest report highlights that adoption grows fastest where traditional finance falls short, with Ukraine, Nigeria, and Vietnam demonstrating how crypto has become essential in these circumstances.

The data also reveals that stablecoins have become the most widely used crypto product in the world.

Emerging Markets Advance Through Necessity

The research compares global adoption across four areas, which include user penetration, transactional use, institutional readiness, and cultural penetration, with Singapore and the United States leading the overall rankings due to a strong balance across all four areas. However, the most meaningful growth comes from countries where people rely on crypto because the financial system around them does not provide stability or access.

Vietnam appears in ninth place and stands out due to a user penetration rating of 0.68 and a transactional use level of 0.81. Data shows that nearly one-fifth of its population is estimated to own digital assets, with people relying on them for remittances, inflation protection, and savings. The country is also becoming an active centre for DePIN activity as device-based participation spreads quickly.

Ukraine comes in thirteenth on the list and represents the clearest case of necessity-driven growth. More than $6.9 billion in stablecoin flows moved through its economy against a GDP of $190 billion, giving the country the highest usage relative to its economic size. Crypto has become a lifeline in Ukraine, supporting cross-border transfers and preserving values during wartime, and making digital assets an important part of financial survival.

Nigeria follows in nineteenth place and offers another example of utility-led adoption. Its transactional use score of 0.83 sits far above the global average as inflation, devaluation, and capital controls push households and businesses toward stablecoins, peer-to-peer platforms, and digital savings tools.

The introduction of cNGN, a naira-backed stablecoin, has also contributed to rising adoption levels. Bybit predicts that if its use expands beyond pilot stages, Nigeria could become one of the first major emerging economies where a local currency stablecoin is used with dollar-based options.

You may also like:

Global Stablecoin Use Rise

Bybit’s findings show that stablecoins now lead global crypto adoption and are the most evenly distributed product across markets. Their usage falls into two main categories, with some people adopting them for daily payments and financial stability, while they also serve as a bridge to investment products and broader participation in crypto markets.

Several factors explain growth. For instance, in Ukraine, stablecoins serve as safe-haven assets during political and economic instability, while Nigerians rely on them to bypass banking limits and currency shortages. In other countries like Hong Kong, they support capital mobility in complex and high-volume trading environments. Across advanced and emerging markets, these assets expand access to financial tools by allowing people to enter DeFi platforms, centralized exchanges, or tokenized assets.

The data also highlights three trends shaping global stablecoin acceptance. Regulators in the United States, Hong Kong, and the EU are moving toward aligned rules on reserves and compliance. At the same time, financial institutions are integrating stablecoins into mainstream settlement systems, while interest grows in local currency options such as yen, euro, and naira-backed tokens.

SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/bybit-rankings-2025-ukraine-nigeria-vietnam-lead-global-crypto-use/

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BFX Presale Raises $7.5M as Solana Holds $243 and Avalanche Eyes $1B Treasury — Best Cryptos to Buy in 2025

BFX Presale Raises $7.5M as Solana Holds $243 and Avalanche Eyes $1B Treasury — Best Cryptos to Buy in 2025

BFX presale hits $7.5M with tokens at $0.024 and 30% bonus code BLOCK30, while Solana holds $243 and Avalanche builds a $1B treasury to attract institutions.
Share
Blockchainreporter2025/09/18 01:07
Moonshot MAGAX vs Shiba Inu: The AI-Powered Meme-to-Earn Revolution Challenging a Meme Coin Giant

Moonshot MAGAX vs Shiba Inu: The AI-Powered Meme-to-Earn Revolution Challenging a Meme Coin Giant

Discover how Moonshot MAGAX’s AI-powered meme-to-earn platform outpaces Shiba Inu with innovative tokenomics and growth potential in 2025.
Share
Blockchainreporter2025/09/18 03:15
This U.S. politician’s suspicious stock trade just returned over 200% in weeks

This U.S. politician’s suspicious stock trade just returned over 200% in weeks

The post This U.S. politician’s suspicious stock trade just returned over 200% in weeks appeared on BitcoinEthereumNews.com. United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks. According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period. OPEN one-week stock price chart. Source: Finbold Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively. OPEN’s stock rally Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit.  Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter. Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher.  However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to…
Share
BitcoinEthereumNews2025/09/18 04:02