Group 1: Crypto Adoption in Australia - Australia's crypto adoption rate reached 31% in 2025, up from 28% in 2024, positioning the nation among the most crypto-engaged populations globally [1] - Australia leads developed nations in token-related web traffic, alongside South Korea, while emerging markets like Argentina and Nigeria are driving mobile wallet growth [2] Group 2: Market Growth and Transaction Volume - The total market cap of crypto crossed $4 trillion for the first time, with active global crypto users reaching 40-70 million, an increase of approximately 10 million over the past year [1] - Blockchains now process over 3,400 transactions per second, representing a 100-fold growth in five years, while stablecoins powered $46 trillion in annual transactions [3] Group 3: Regulatory Developments - Australia's regulatory framework has evolved to support crypto growth, with draft legislation proposing penalties of up to 10% of annual turnover for digital asset platforms breaching new rules [3][4] - The proposal requires exchanges to secure an Australian Financial Services License, with fines of A$16.5 million or 10% of annual turnover for misleading conduct [4] Group 4: Stablecoins and Institutional Investment - Stablecoins achieved a total transaction volume of $46 trillion over the past year, up 106% from the previous year, with adjusted figures showing $9 trillion, an increase of 87% [5] - The total stablecoin supply reached a record high of over $300 billion, with Tether and USDC accounting for 87% of that total [6]
Australian Crypto Adoption Outpaces US, Data Shows
Yahoo Finance·2025-10-24 10:59