Take just decentralized finance (DeFi) in Asia as an example, where it accounted for 55.8% of transaction volume in CSAO from July 2022 through June 2022 as compared to 35.3% the previous year, more than a 20% jump. CSAO also “dominates when looking at purchasing power. Six out of the 10 top countries are located in the Asian-Pacific region, including India, Vietnam, the Philippines, Indonesia, Pakistan and Thailand.
Source: https://www.coindesk.com/consensus-magazine/2024/02/13/crypto-has-an-unrealized-opportunity-in-asia/?utm_medium=referral&utm_source=rss&utm_campaign=headlines