Asia Accelerates Stablecoin Adoption as Institutional Use Surges
Stablecoin adoption across Asia is gaining strong momentum. Recent data shows that 56% of institutions globally are now using stablecoins, with Asia playing a leading role in this expansion. The total stablecoin supply has reached $312 billion, while on-chain activity in the Asia-Pacific region alone has recorded $2.4 trillion over the past 12 months.
U.S. dollar–pegged stablecoins dominate the market with approximately 97% market share. Among them, Tether leads with a market capitalization of around $183.7 billion, followed by U