MENA leads Binance's stablecoin savings
Binance research findings indicate that the Middle East and North Africa region is experiencing rapid growth in stablecoin adoption, particularly for savings tools via the Binance Earn platform. The region’s share of total stablecoin holdings increased from 5.53% to 9.21%, with its holdings more than doubling since the beginning of 2025. Additionally, the region’s share of stablecoin trading volume grew from 7% in 2023 to 11% in 2026, reflecting an expanded use of stablecoins for preserving value and earning returns, rather than solely trading. This growth is attributed to factors such as the expansion of digital assets, advancements in regulatory frameworks, and increased awareness of stablecoin-based products, with the UAE leading in terms of holdings volume. The report also reveals that 36% of users in emerging markets keep more than half of their wallets in stablecoins, with the use of stablecoins as a store of value being one of the main drivers behind the region’s growth.
Notice: This Is an AI-Generated Summary
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