Singapore Tops 2025 Global Crypto Rankings as RWA Tokenization Surges
Generally, Singapore has become the leader in the 2025 Global Crypto Rankings, and this is mostly because of its robust regulatory environment and active digital asset market. Normally, the report, which was jointly produced by Bybit and DL Research, evaluates nations based on user activity, institutional readiness, and cultural engagement. Usually, this ranking is very important for investors and users alike.
Apparently, Singapore achieved a score of 7.5 out of 10, driven by high user penetration and strong cultural engagement with digital assets. Often, its clear licensing regime and high digital literacy have created a seamless connection between retail users and regulated financial institutions. Currently, the United States follows closely with a score of 7.3, supported by high trading volumes and a growing number of tokenization projects involving major banks and asset managers.
Hopefully, Lithuania ranks third with a score of 6.3, continuing to be a favored regulatory hub for fintech and exchange firms. Pretty much, the report highlights two distinct models of crypto adoption. Obviously, the first model, seen in countries like Singapore, the United States, Switzerland, Lithuania, and the UAE, is driven by institutional adoption and regulation. Naturally, the second model is prevalent in countries like Vietnam, Nigeria, Ukraine, and the Philippines, where crypto is used for everyday functions such as remittances, payments, and savings during economic challenges.
Singapore Leads 2025 Global Crypto Rankings
Frankly, the market for tokenized real-world assets (excluding stablecoins) has grown by over 63 % since January 2024, reaching $25.7 billion in early 2025. Essentially, private credit and U.S. Treasuries dominate this sector, with major banks like JPMorgan, Citi, and Goldman Sachs expanding their tokenized settlement and trading programs. Currently, the United States leads in institutional readiness with a perfect score, thanks to its regulatory clarity and strong engagement from Wall Street.
Ranking Scores and Key Drivers
Normally, Canada ranks second with a score of 0.93, supported by new regulations for banks and insurers set to take effect in 2026. Usually, the Philippines is also gaining momentum as a regional leader in Southeast Asia, setting guidelines tailored for remittance-heavy markets. Generally, stablecoins remain the most widely used digital asset across all income groups. Occasionally, Ukraine records the highest stablecoin flow relative to GDP at 3.6 %, followed by Nigeria, Georgia, Vietnam, and Armenia.
Two Models of Crypto Adoption
Apparently, this trend underscores the role of digital dollars as a financial tool in both developed and emerging markets. Hopefully, regionally, the UAE saw a 210 % surge in crypto adoption, the highest of any country in 2025. Obviously, Singapore and the United States followed with adoption growth of 150 % and 220 %, respectively. Normally, Singapore’s leadership in the global crypto rankings highlights its commitment to fostering a regulated and innovative digital-asset ecosystem.
Tokenized Real-World Assets (RWA) Market Growth
Pretty much, as RWA tokenization continues to grow, the report underscores the diverse ways in which countries are embracing cryptocurrencies, from institutional adoption to everyday use. Essentially, the report is very useful for investors and users who want to know more about the crypto market. Currently, the crypto market is growing very fast and it is important to stay informed. Usually, the best way to stay informed is to read reports like this one.
Institutional Readiness Rankings
Generally, the report is very detailed and it covers many topics related to the crypto market. Normally, the topics include institutional readiness, user activity, and cultural engagement. Occasionally, the report also talks about the different models of crypto adoption and how they are used in different countries. Hopefully, this information will be useful for people who want to learn more about the crypto market.
Stablecoin Usage Across Income Groups
Apparently, the report is not only useful for investors but also for users who want to know more about stablecoins and how they are used. Usually, stablecoins are used for everyday functions such as remittances, payments, and savings. Essentially, the report shows that stablecoins are very popular and they are used by people all over the world. Currently, the use of stablecoins is increasing and it is expected to continue growing in the future.
Regional Adoption Surge in 2025
Frankly, the report is very important for people who want to stay informed about the crypto market. Normally, the report is published every year and it provides information about the latest trends and developments in the crypto market. Occasionally, the report also provides information about the different countries and how they are embracing cryptocurrencies. Hopefully, this information will be useful for people who want to learn more about the crypto market.
Conclusion
Pretty much, the report is very useful and it provides a lot of information about the crypto market. Essentially, the report shows that the crypto market is growing very fast and it is expected to continue growing in the future. Normally, the report is very detailed and it covers many topics related to the crypto market. Generally, the report is very important for investors and users who want to stay informed about the crypto market.
