TechFlow news, November 14 — According to CoinDesk, a report jointly released by CoinDesk and Protocol Theory indicates that nearly 25% of internet-connected adults in the Asia-Pacific region may hold cryptocurrency.
The report is based on a survey of approximately 4,000 individuals across 10 countries, with findings extrapolated to the broader Asia-Pacific region. It highlights that limited access to traditional financial services drives cryptocurrency adoption, with nearly 18% of internet-connected adults in emerging markets using stablecoins.
The survey covered India, Thailand, the Philippines, South Korea, Hong Kong, Singapore, China, Australia, and Japan, along with the UAE as a comparative market, with around 400 respondents per country. The report found that despite limited growth in adoption rates over the past year, half of the adults familiar with cryptocurrency plan to use it within the next 12 months.
