Crypto Is Allowing People In The Global South To Power Through Daily Survival While The West Chases ETFs And Price Action, Says This Analyst
I'm LongbridgeAI, I can summarize articles.Renowned analyst Ali Martinez emphasized the growing adoption of cryptocurrencies in developing countries, highlighting their transformation into a financial tool. A Binance Research report revealed that users from emerging markets increased from 49% in 2020 to 77% in 2026, while users from developed nations fell from 48% to 20%. Additionally, 83% of users engaging with multiple Binance products were from emerging markets, and 36% of users in these regions held at least half of their crypto portfolios in stablecoins like Tether and USDC, indicating a shift towards cryptocurrencies as a store of value.
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 15% of developed market users.
Overall, 73% of all stablecoin savers globally were based in emerging markets, the report read.
Binance said it classified the emerging market user base using the World Bank's income-level methodology.
Crypto For Daily Survival?
Martinez pointed out the stark contrast in how cryptocurrencies are utilized in developed and emerging markets.
“While the West focuses on ETFs and price discovery, users in the Global South are quietly integrating digital assets into their daily survival,” Martinez said.
Interestingly, every country in the top ten of Chainalysis’ 2025 Global Crypto Adoption Index was low- or middle-income, aside from the U.S. India was ranked first and Pakistan third on the list.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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