The adoption of cryptocurrencies and stablecoins has increased significantly in the US

According to TRM Labs' Cryptocurrency Adoption and Stablecoin Use in 2025 report, the United States is experiencing significant growth in cryptocurrency market activity. From January to July, transaction volume in the country increased by approximately 50% compared to the same period last year, surpassing the $1 trillion mark. This allowed the US to maintain second place globally in cryptocurrency adoption and become the largest market by absolute transaction volume.

Growth Drivers

The main factors driving this growth were nearly $15 billion in net inflows into Bitcoin spot ETFs, as well as the intensification of regulatory policy following the election. Key initiatives mentioned in the report include:

- GENIUS Act – a bill aimed at simplifying cryptocurrency regulation.
- The CLARITY Act is an initiative that seeks to clarify the legal framework for crypto assets.
- The launch of a new SEC unit on crypto regulation, which also contributes to an improved environment for investors.

Infrastructure Resilience

The report emphasizes that the two-year 50% growth reflects the gradual formation of a resilient infrastructure and the strengthening of crypto assets' position in the US financial ecosystem. Regulatory frameworks are becoming clearer, increasing confidence among both institutional participants and traditional financial institutions. The combination of demand from large companies and regulatory certainty has become a key driver of market expansion.

Global Context

Globally, India, the US, Pakistan, the Philippines, and Brazil remain the leaders in crypto adoption. South Asia is expected to see the greatest growth in crypto adoption in 2025, while North Africa is showing acceleration even amid prohibitions and repression.

Stablecoins

Stablecoins received special attention in the report. Their share reached 30% of all on-chain activity, and the annual volume of transactions involving them exceeded $4 trillion, an 83% increase compared to last year. Interestingly, sanctions pressure influenced the dynamics of illicit activity: the volume of transactions involving non-stablecoins increased, while schemes involving stablecoins decreased by 60%.

In conclusion

Thus, the growing adoption of cryptocurrencies and stablecoins in the US indicates the emergence of a more mature and resilient market. Resilient infrastructure, more active regulatory policies, and growing interest from institutional investors create favorable conditions for the further development of the crypto industry.