Crypto Titans: US & Canada Dominate Quarter of Global Transactions

North America's crypto dominance hits staggering new heights—grabbing a full quarter of worldwide transaction volume.

Chainalysis data reveals the Western hemisphere's relentless adoption surge as institutional money floods digital asset markets.

Wall Street meets blockchain: Traditional finance finally wakes up to what crypto natives knew years ago—though they'll probably still take credit for 'discovering' it.

The revolution won't be centralized—but a quarter of it apparently will be North American.

The likely catalyst for this surge in activity was the election of President TRUMP in November 2024. Markets viewed the election of a pro-crypto president as a bullish signal and expected greater regulatory clarity. Another contributing factor was quantitative easing in the fourth quarter of 2024, which increased risk appetite across the market.

North America also saw higher volatility in crypto transactions, largely due to more institutional capital and active trading. For instance, September recorded a 35% monthly decline, while November saw an 84% spike.

Tokenized U.S. treasuries explode in value: Chainalysis

U.S. Treasuries became one of the most significant segments of the tokenized asset market. Assets under management of these funds grew from $2 billion in August 2024 to more than $7 billion in August 2025.

While tokenized treasuries remain a small segment of the broader U.S. bond market, their growth highlights strong investor demand for accessible investment vehicles.