Influential analyst Ali Martinez spotlighted on Friday rising cryptocurrency adoption in emerging economies, emphasizing their growing role as a “financial tool” rather than just a “trading market.”
Emerging Markets Throng Binance
In an X post, Martinez pointed to Binance Research’s latest report on the shift in usage patterns in different markets.
The emerging market share of Binance users rose from 49% in 2020 to 77% in 2026, according to the report, while those from developed markets fell from roughly 48% to 20%.
Moreover, 83% of users engaging with two or more products on Binance were from emerging markets.
Stablecoins As Store Of Value?
This cohort was also saving more. Roughly 36% of all emerging market users kept at least half of their portfolios in stablecoins such as Tether (CRYPTO: USDT) and USDC (CRYPTO: USDC), compared to only …
