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Although the primary motivation for using cryptocurrency among APAC users leans towards investment and the pursuit of financial gains, it also reflects a desire to engage with innovative financial technologies. This trend speaks to a broader shift towards exploring the potential of crypto beyond mere speculative investments.

A Closer Look at Regional Adoption

The chart analyzed by Coindesk reveals three distinct tiers of cryptocurrency adoption across the APAC region.

Leading the Charge

Emerging countries such as the Philippines, Thailand, United Arab Emirates, and India are at the forefront of this movement. These nations are not only surpassing their peers in APAC but are also setting a benchmark for global trends in cryptocurrency adoption.