According to Triple-A, CEO Binance Richard Tan said that cryptocurrency ownership has become widespread across the world, with more than 562 million people worldwide owning digital assets.
These data paint a compelling picture of the ongoing adoption of digital currencies, with different countries showing different ownership patterns depending on their economic status.
Countries in the Emerging Economies category dominate cryptocurrency ownership, with the UAE leading the way with 25,3%, the highest percentage of ownership.
Singapore follows with 24,4% and Turkey with 19,3%. Both countries have high adoption rates compared to developed economies such as Switzerland (12,4%) and the United States (15,0%).
Triple-A data
Other growing markets such as Argentina, Thailand, Brazil, and Vietnam are also showing high rates of cryptocurrency adoption. Brazil and Vietnam showed 17,5% and 17,4% respectively.
Globally, the average percentage of cryptocurrency owners is 8,3%. Countries like South Africa, the Philippines, and Ukraine are close to this global average. However, countries like India (6,9%) and Germany (8,3%) are lagging behind the previous group in integrating the new asset class.
According to demographic data, 61% of cryptocurrency owners are men, 39% are women. In addition, 34% of cryptocurrency owners are between the ages of 25 and 34, indicating that young people are active in digital assets.
Additionally, the data shows that 65% of people expressed interest in using cryptocurrency for payments, indicating a growing interest in the practical applications of digital currencies beyond investment purposes.
With an annual growth rate of 99%, crypto asset adoption has outpaced traditional payment methods, which grew by an average of just 8% from 2018 to 2024.
