{"id":5024,"date":"2023-10-24T12:49:26","date_gmt":"2023-10-24T12:49:26","guid":{"rendered":"https:\/\/infundpros.com\/markets\/crypto\/north-america-dominates-global-crypto-usage-chainalysis-report-reveals\/"},"modified":"2023-10-24T12:49:27","modified_gmt":"2023-10-24T12:49:27","slug":"north-america-dominates-global-crypto-usage-chainalysis-report-reveals","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=5024","title":{"rendered":"North America Dominates Global Crypto Usage, Chainalysis Report Reveals"},"content":{"rendered":"
\n

According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States driving the lion’s share of activity.<\/p>\n

The region boasted a transaction volume exceeding $1 trillion between July 2022 and June 2023, which includes a notable contribution from Canada.<\/p>\n

In all, North America accounted for nearly a quarter of the global transaction volume, the Chainalysis report said.<\/p>\n

The report noted that major institutional investors are the primary drivers of this activity, accounting for 76.9% of the transaction volume seen across North America<\/p>\n

The report defined institutional activity as transactions with a fiat value of $1 million or more.<\/p>\n

Chainalysis further said that while there was a contraction in crypto activity in the region following the FTX bankruptcy, the setback was less severe compared to the impact of the banking crisis in March when crypto-friendly banks like Silicon Valley Bank, Silvergate, and Signature all suspended their operations.<\/p>\n

Decline in stablecoin usage in North America<\/h2>\n

Also worth noting is that the report revealed a decline in stablecoin usage in North America, with its proportion of on-chain transaction volume dropping from 70.3% to 48.8% over the past year.<\/p>\n

Additionally, the share of stablecoin activity going to US-licensed platforms has decreased, indicating a shift toward service providers based outside of the country.<\/p>\n

As of June this year, 54.6% of stablecoin inflows to the top 50 crypto services went to non-US licensed platforms, the report said.<\/p>\n

The report suggested that U.S. regulators are keen to exert regulatory control over stablecoins due to their important role, and that could be a reason why more of the activity is now happening outside the United States.<\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United…<\/p>\n","protected":false},"author":1,"featured_media":5025,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":{"0":"post-5024","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto"},"yoast_head":"\nNorth America Dominates Global Crypto Usage, Chainalysis Report Reveals | inFundPros<\/title>\n<meta name=\"description\" content=\"According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=5024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"North America Dominates Global Crypto Usage, Chainalysis Report Reveals | inFundPros\" \/>\n<meta property=\"og:description\" content=\"According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States\" \/>\n<meta property=\"og:url\" content=\"https:\/\/infundpros.com\/?p=5024\" \/>\n<meta property=\"og:site_name\" content=\"inFundPros\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-24T12:49:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-24T12:49:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/north-america.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Press Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Press Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/infundpros.com\/?p=5024#article\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/?p=5024\"},\"author\":{\"name\":\"Press Room\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\"},\"headline\":\"North America Dominates Global Crypto Usage, Chainalysis Report Reveals\",\"datePublished\":\"2023-10-24T12:49:26+00:00\",\"dateModified\":\"2023-10-24T12:49:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/infundpros.com\/?p=5024\"},\"wordCount\":287,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"articleSection\":[\"Crypto\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/infundpros.com\/?p=5024#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/infundpros.com\/?p=5024\",\"url\":\"https:\/\/infundpros.com\/?p=5024\",\"name\":\"North America Dominates Global Crypto Usage, Chainalysis Report Reveals | inFundPros\",\"isPartOf\":{\"@id\":\"https:\/\/infundpros.com\/#website\"},\"datePublished\":\"2023-10-24T12:49:26+00:00\",\"dateModified\":\"2023-10-24T12:49:27+00:00\",\"description\":\"According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States\",\"breadcrumb\":{\"@id\":\"https:\/\/infundpros.com\/?p=5024#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/infundpros.com\/?p=5024\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/infundpros.com\/?p=5024#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/infundpros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"North America Dominates Global Crypto Usage, Chainalysis Report Reveals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/infundpros.com\/#website\",\"url\":\"https:\/\/infundpros.com\/\",\"name\":\"Fintech Advance\",\"description\":\"Latest Finance and Tech News and Updates\",\"publisher\":{\"@id\":\"https:\/\/infundpros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/infundpros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/infundpros.com\/#organization\",\"name\":\"Fintech Advance\",\"url\":\"https:\/\/infundpros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png\",\"width\":409,\"height\":70,\"caption\":\"Fintech Advance\"},\"image\":{\"@id\":\"https:\/\/infundpros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff\",\"name\":\"Press Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/infundpros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"contentUrl\":\"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png\",\"caption\":\"Press Room\"},\"sameAs\":[\"https:\/\/infundpros.com\"],\"url\":\"https:\/\/infundpros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"North America Dominates Global Crypto Usage, Chainalysis Report Reveals | inFundPros","description":"According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/infundpros.com\/?p=5024","og_locale":"en_US","og_type":"article","og_title":"North America Dominates Global Crypto Usage, Chainalysis Report Reveals | inFundPros","og_description":"According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States","og_url":"https:\/\/infundpros.com\/?p=5024","og_site_name":"inFundPros","article_published_time":"2023-10-24T12:49:26+00:00","article_modified_time":"2023-10-24T12:49:27+00:00","og_image":[{"width":1280,"height":768,"url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/north-america.jpeg","type":"image\/jpeg"}],"author":"Press Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Press Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/infundpros.com\/?p=5024#article","isPartOf":{"@id":"https:\/\/infundpros.com\/?p=5024"},"author":{"name":"Press Room","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff"},"headline":"North America Dominates Global Crypto Usage, Chainalysis Report Reveals","datePublished":"2023-10-24T12:49:26+00:00","dateModified":"2023-10-24T12:49:27+00:00","mainEntityOfPage":{"@id":"https:\/\/infundpros.com\/?p=5024"},"wordCount":287,"commentCount":0,"publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"articleSection":["Crypto"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/infundpros.com\/?p=5024#respond"]}]},{"@type":"WebPage","@id":"https:\/\/infundpros.com\/?p=5024","url":"https:\/\/infundpros.com\/?p=5024","name":"North America Dominates Global Crypto Usage, Chainalysis Report Reveals | inFundPros","isPartOf":{"@id":"https:\/\/infundpros.com\/#website"},"datePublished":"2023-10-24T12:49:26+00:00","dateModified":"2023-10-24T12:49:27+00:00","description":"According to a recent report by blockchain intelligence firm Chainalysis, North America is leading the world in crypto usage, with the United States","breadcrumb":{"@id":"https:\/\/infundpros.com\/?p=5024#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/infundpros.com\/?p=5024"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/infundpros.com\/?p=5024#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/infundpros.com\/"},{"@type":"ListItem","position":2,"name":"North America Dominates Global Crypto Usage, Chainalysis Report Reveals"}]},{"@type":"WebSite","@id":"https:\/\/infundpros.com\/#website","url":"https:\/\/infundpros.com\/","name":"Fintech Advance","description":"Latest Finance and Tech News and Updates","publisher":{"@id":"https:\/\/infundpros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/infundpros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/infundpros.com\/#organization","name":"Fintech Advance","url":"https:\/\/infundpros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/tech-logo.png","width":409,"height":70,"caption":"Fintech Advance"},"image":{"@id":"https:\/\/infundpros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/infundpros.com\/#\/schema\/person\/87f7e632b195ea95c91503d9281f5eff","name":"Press Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/infundpros.com\/#\/schema\/person\/image\/","url":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","contentUrl":"https:\/\/infundpros.com\/wp-content\/uploads\/2023\/10\/avatar_user_1_1697230663-96x96.png","caption":"Press Room"},"sameAs":["https:\/\/infundpros.com"],"url":"https:\/\/infundpros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/5024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5024"}],"version-history":[{"count":1,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/5024\/revisions"}],"predecessor-version":[{"id":5026,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/posts\/5024\/revisions\/5026"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=\/wp\/v2\/media\/5025"}],"wp:attachment":[{"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infundpros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}