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Circle Reports $2.4 Trillion Stablecoin Boom in Asia-Pacific: Singapore and Hong Kong Take the Lead
Yahoo Finance·2025-10-03 10:05

Circle reported $2.4 trillion in on-chain stablecoin activity across Asia-Pacific between June 2024 and June 2025, marking the region as the fastest-growing stablecoin market globally with 69% year-over-year growth. Speaking at Circle Forum Singapore, Yam Ki Chan, Circle’s VP for APAC, stated that 56% of institutions across Asia are already live with stablecoins, the highest adoption rate worldwide, actively transacting for payments, settlements, and treasury purposes. Singapore and Hong Kong have emerge ...