In a context marked by the growing interest in Stablecoinsespecially those backed by the dollar, Mexico lost ground compared to other Latin American countries and retreated in the Global Cryptocurrency Adoption Index 2025prepared by Chainysis, Blockchain analysis firm and the crypto ecosystem.
According to the first chapter of the report, published on Wednesday, Mexico was in position 23, being out of the first twenty places in the ranking. In contrast, with 2024 he had reached 14 place among the countries with the greatest adoption, so he fell nine positions.
Despite the fall, Mexico remains one of the Latin American countries with greater adoption, although behind Argentina in number 20, Venezuela with number 18 and Brazil in position five.
According to the report, this adjustment is due to the fact that, compared to the previous year, global adoption experienced accelerated growth in almost all regions, with especially notable increases in Asia-Pacific and Latin America.
In North America, the growth rate also regained, from 42% to 49%, which reflects the impact of greater regulatory clarity and the income of institutional investors during 2025.
The document also highlights the key role of Latin America in the global impulse of the cryptocurrency sector, by consolidating as the second region with the highest expansion, with an increase of 53% in 2024 to 63% in 2025 in transactions with cryptocurrencies in the last year, favored by the launch of the investment funds that are quoted in the Bitcoin stock exchange.
For its part, the Asia-Pacific region led with a growth of 69 percent.
Stablcoins with greater use and regulation
In addition, the Stablecoins market It continues to be expanding worldwide, driven by a growing range of use cases and an increasingly defined regulatory environment.
The report highlights that in the last 12 months, regulation has shown significant advances. In the United States, although Genius law does not yet come into force, its approval has aroused a marked interest among institutional investors. While in the European Union, the Cryptactive Markets Regulation opened the door to the launch of Stablecoins with license and backed in euros.
However, chain data confirms that the market is still concentrated in two main actors: USDT, cryptocurrency supported in the US dollar and issued by Tether and USDC, also backed in the US dollar and emitted by Circle, which maintain an absolute domain in the volume of transactions.
Between June 2024 and June 2025, USDT processed more than 1 billion dollars a month, with a peak of 1.14 billion in January 2025. In parallel, USDC ranged between 1.24 billion and 3.29 billion dollars per month, with a highlight in October 2024.
These volumes confirm the centrality of Tether and USDC in the cryptocurrency market infrastructureespecially in cross -border payment operations and in institutional activity, where they have consolidated their role as pillars of the digital ecosystem.
