Singapore Leads Central & Southeast Asia and Oceania’s Crypto Industry

What happened

Singapore Leads Central & Southeast Asia and Oceania’s Crypto Industry, Chainalysis announced. Summary Beneath regional decline, key growth stories emerged: Central & Southeast Asia and Oceania’s crypto economy contracted 6.8%, but this… The post Singapore Leads Central & Southeast Asia and Oceania’s Crypto Industry appeared first on Chainalysis . While the region’s overall crypto economy contracted 6.8% between July 1, 2025 and June 30, 2026, it recorded an uptick in many use cases, from tokenization (representing an asset as a tradable entry on a blockchain) to cross-border settlements.

Most markets in the region grew in at least one area of crypto activity. In Singapore and Australia, institutional participation gained ground.

In the Philippines, Thailand, and Vietnam, peer-to-peer (P2P) activity outperformed global trends. In India, crypto as a speculative asset remained strong.

And across much of the region, stablecoins (a digital token meant to hold a fixed value, usually one dollar) became a more popular tool for moving value across borders. Singapore recorded the region’s largest measured economy, with $284 billion in crypto activity during the 2026 period, up 55.4% year-over-year.

Much of Singapore’s growth came from institutional-platform activity, which rose 94% to $60 billion. Much of this activity was concentrated among a small number of market makers, over-the-counter (OTC) trading firms, and institutional brokerages.