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The US is leading global DeFi adoption, with Vietnam, China, and the UK close behind as crypto finance gains momentum

August 25, 2021
Source: businessinsider.in businessinsider.in
News Snapshot:
Chesnot/Getty Images The US is leading global adoption of decentralized finance, according to a new study by Chainalysis. Vietnam, China, and the UK are close behind as DeFi use accelerates. The 2021 Global DeFi Adoption Index analyzed 154 countries and ranked them based on three metrics. The US is leading global adoption in decentralized finance with Vietnam, Thailand, China, and the UK close behind as cryptocurrencies gains momentum, according to a new study by Chainalysis, a crypto analytics firm. The increase in DeFi adoption was mainly driven by experienced cryptocurrency traders looking to diversify their portfolios, Chainalysis said. As a...
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