The 2026 Global Crypto Adoption Index by Chainalysis ranked Brazil first, followed by the United States, Nigeria, Japan, and South Korea. Brazil’s crypto economy reached a valuation of $252.5 billion. The index methodology changed between 2025 and 2026, making the rankings not directly comparable.

Global peer-to-peer activity grew by 302.9 percent, increasing from $56.8 billion to $228.7 billion, with 96 percent of this volume denominated in stablecoins. Cross-border stablecoin transfers rose from $124.2 billion to $220.3 billion annually.

XT Exchange, founded in 2018, reports over 12 million registered users across more than 200 countries. The platform provides spot, margin, and futures trading, TradFi exposure, and the XT Pay service for merchant payments using USDT balances.

COO Arman Achmed stated that the platform manages a single account structure designed to support distinct user needs, including active trading, inflation hedging, and cross-border remittances. The company is currently entering its ninth year of operations.