According to Independent Reserve, Australia's largest cryptocurrency exchange, its latest Cryptocurrency 2025 report shows that the adoption rate of XRP in Singapore has risen sharply from 14% to 17%, making it the second largest cryptocurrency in terms of growth.
The report, based on a survey of 1,500 Singapore residents, found that Ethereum (ETH) adoption increased the most, from 41% to 48%; Solana (SOL) from 17% to 19%; and Dogecoin (DOGE) from 18% to 19%.
In addition, cryptocurrency awareness in Singapore reached a record 94%, with Bitcoin (BTC) remaining the most recognized cryptocurrency at 91%, accounting for 68% of overall cryptocurrency holdings. In terms of stablecoins, 46% of respondents have held stablecoins, and 83% prefer stablecoins pegged to the US dollar. Ripple's RLUSD stablecoin market cap has exceeded 310 million US dollars and is rapidly rising in the Asia Pacific region.
XRP adoption in Singapore has risen sharply, from 14% to 17%.
2025-05-24 08:00:44
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