Chainalysis survey tracks grassroots usage as opposed to raw transaction volumes
PUBLISHED : 14 Oct 2023 at 04:00
Thailand has slipped two places to 10th in the fourth annual Chainalysis Global Crypto Adoption Index, which combines on-chain and real-world data to measure which countries lead the world in grassroots crypto adoption.
Grassroots crypto adoption is not about which countries have the highest raw transaction volumes — the biggest, wealthiest countries are far ahead there.
The survey by Chainalysis, a New York-based blockchain analysis firm, highlights the countries where average, everyday people are embracing crypto the most.
The findings identify countries where the most…